Elon Musk just gave…
His strongest confirmation yet that SpaceX is preparing for an IPO.
The news is sending space stocks even higher.
Go here for my #1 space stock to buy before Dec 19.
Wall Street has been buzzing this week after news broke that SpaceX is preparing to go public with a staggering $1.5 trillion valuation.
And Elon just gave the strongest confirmation of this.
After Ars Technica senior space editor Eric Berger posted on X explaining why SpaceX may be moving toward an IPO…
Musk jumped into the conversation and replied, “As usual, Eric is accurate.”
Here’s why this is really important.
Musk has a long history of correcting reporting immediately when it’s wrong.
Berger is a highly credible space journalist with deep access.
So Musk responding to a post summarizing Berger’s reporting on the IPO rationale is about as close a confirmation as you can get, albeit not a formal SEC-style confirmation yet.
This is sending space stocks even higher.
EchoStar surged more than 11% yesterday.
Firefly Aerospace jumped almost 9.5% as well.
And Rocket Lab also rallied about 7.7%.
But I’m not buying any of these stocks.
Instead, I’m placing my bets on a hidden space company that’s planning to go public next week.
Thanks to their new launch breakthrough…
This company has figured out how to launch the same low-Earth orbit (LEO) satellites that SpaceX launches – but at a fraction of the cost.
Ian Wyatt