Keep pulling the thread on Ed Ludlow.
SpaceX debuted on the Nasdaq in what was described as the largest IPO in history.
SpaceX's stock began trading at an initial price of $150 per share.
The IPO of SpaceX resulted in Elon Musk becoming the world's first trillionaire.
SpaceX raised $75 billion in its Initial Public Offering.
SpaceX plans to use its IPO capital to purchase GPUs and build satellites that function as data centers in space.
SpaceX's long-term vision is for the majority of its revenue to come from selling AI software.
The next phase of SpaceX's strategy is to build satellite-based data centers for running AI model inference in orbit.
SpaceX has calculated its total addressable market opportunity at $28.5 trillion.
Ed Ludlow predicts the SpaceX IPO will represent the largest financial return in the history of the venture capital and private equity firms that invested in the company.
Ed Ludlow predicts that retail investors will likely contribute more capital to the SpaceX IPO than the total amount raised in Alibaba's entire IPO.
According to Bloomberg reporting, the SpaceX IPO was four times oversubscribed.
Of SpaceX's projected $28.5 trillion total addressable market, $26.5 trillion is attributed to future markets that do not yet exist.