# The SpaceX IPO… What Happens When $1.75 Trillion Meets 4% Float

Page: https://stenobird.com/podcast/excess-returns-902655/the-spacex-ipo-what-happens-when-1-75-trillion-meets-4-float
Text version: https://stenobird.com/podcast/excess-returns-902655/the-spacex-ipo-what-happens-when-1-75-trillion-meets-4-float.md
Podcast: [Excess Returns](https://stenobird.com/podcast/excess-returns-902655)
Published: 2026-06-06T16:10:32+00:00
Episode link: https://podcasters.spotify.com/pod/show/excess-returns/episodes/The-SpaceX-IPO-What-Happens-When-1-75-Trillion-Meets-4-Float-e3kdv10
Audio file: https://traffic.megaphone.fm/APO7357737883.mp3
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JSON: https://stenobird.com/v1/public/podcasts/excess-returns-902655/episodes/the-spacex-ipo-what-happens-when-1-75-trillion-meets-4-float
Duration seconds: 3391

## Resource

On the latest Click Beta, Matt Zeigler, Dave Nadig and Cameron Dawson discuss what could happen when SpaceX goes public and why this IPO may be as much a market structure problem as a valuation problem. They break down the potential impact of a $1.75 trillion IPO, 100 times sales, a small free float, forced index buying, passive fund flows, options trading, bubble dynamics and what advisors should tell clients who want SpaceX exposure. Subscribe to Click Beta on Spotify⁠ ⁠Subscribe to Click Beta on Apple Podcasts Dave Nadig https://x.com/davenadig Cameron Dawson https://x.com/CameronDawson Topics Covered: Why the SpaceX IPO could create a chaotic first 30 days of trading How 100 times sales, no earnings and a $1.75 trillion valuation change the discussion Why pre-IPO access, lockups, fees and vehicle structure matter for investors How Palantir and Tesla frame the debate over extreme growth stock valuations Why SpaceX could create unusual supply and demand pressure in the public market How options trading, Nasdaq 100 inclusion and accelerated index rules could affect price discovery Why free float matters and how a 4 percent float could become a 12 percent index adjustment How much passive demand might chase SpaceX shares after the IPO What the bubble triangle says about technology, speculation, money and credit Why real earnings do not disprove a technology-driven bubble How liquidity, private credit gates, IPO supply and buybacks could shape the next phase of the market Why advisors need to help clients think through sizing, exit plans and safe access Peak season travel, TikTok monoculture, Ocean City, Coheed and Cambria, and the lost art of CDs and mixtapes Timestamps: 00:00 Why the first 30 days could be chaotic 04:00 Why everyone is talking about the SpaceX IPO 09:…

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