To The Moon

Hi Tigers 🐯, Welcome to "What the Tigers say." 👋

Last week, SpaceX officially filed its S-1 prospectus with the SEC, targeting a mid-June listing that could value the company at up to $2 trillion and shatter every IPO record on the books. The filing instantly polarized the community: is this the defining space-economy investment of the decade, or a Musk-ecosystem capital shift that leaves Tesla holders rethinking their proxy?

Before today's session played out, the community was already doing the heavy lifting. Let's rewind to the three high-quality contents from @Beat.MR.Market, @Value_investing, and @nerdbull1669:

1. Beat.MR.Market | SpaceX's Prospectus Reveals Historic Numbers — Do Investors Still Have a Chance to Get In?

• 190-Page Filing Breakdown: The author spent the weekend going through the 190-page prospectus, finding numbers big enough to change how investors should think about SpaceX.

• Three-Pillar Platform: Founded by Elon Musk, SpaceX now operates three primary businesses: rocket launches, Starlink, and xAI, expanding far beyond its rocket-company origins.

• Space Economy Inflection: The IPO could become one of the defining market events of the space economy as investors assess what the company does, where the money comes from, and where the risks are.

Read the full post: https://ttm.financial/post/568403821305872

2. Value_investing | Should You Buy SpaceX When It Goes Public?

• Largest IPO on Record: On deal size alone, SpaceX would shatter Saudi Aramco's $29.4 billion record from 2019 and become the largest IPO ever, with press reports pegging the raise at roughly $75 billion.

• Three Reporting Segments: Founded by Elon Musk, SpaceX operates three primary businesses—rocket launches, Starlink, and xAI—and the S-1 splits the company into three reporting segments.

• Day-One Opportunity Question: For a debut this closely watched, the question is whether day one offers a real investment opportunity.

Read the full post: https://ttm.financial/post/568424322945040

3. nerdbull1669 | Balancing the Musk Ecosystem: Navigating the SpaceX IPO and its Impact on Tesla

• Tesla Proxy Shift: Historically, many investors held $TSLA$ as the only liquid, public vehicle tied to Elon Musk's vision, but capital flows will shift now that SpaceX is going public as a massive corporate powerhouse.

• Musk Ecosystem Synergies: Tesla's autonomous vehicle ambitions, including FSD and Robotaxi, rely on heavy data processing and localization, while SpaceX/Starlink provides low-Earth orbit satellite infrastructure and global connectivity.

• Dual Exposure Strategy: Most growth-oriented portfolios will likely seek exposure to both $TSLA$ and SpaceX, but they will serve entirely different functions in a complete Musk ecosystem capture.

Read the full post: https://ttm.financial/post/569044276749616

Three Tigers, three angles — @Beat.MR.Market walks through the 190-page S-1 and its historic $2 trillion valuation, @Value_investing asks whether day one offers a real investment opportunity or just the largest IPO headlines in history, and @nerdbull1669 tracks how the debut will shift capital flows away from $Tesla Motors(TSLA)$ as the lone public proxy for Musk's vision. Together, they show why the SpaceX listing is already reshaping how investors approach the Musk ecosystem.

What's your take? Which of these three reads best matches your view — and what would change your mind? Drop your thoughts in the comments and tag another Tiger who should weigh in. 🐯

🎁 Special Notes: Whoever showed up on the "What the Tigers Say" column will receive 100 Tiger Coins! See you next week!