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Apr 10, 2026 12:00 AM

Anthony Scaramucci Says He Owns SpaceX Stock And Won't Miss Out On The IPO Despite Elon Musk's 'Cult Of Personality' Premium

Anthony Scaramucci said Thursday he plans to invest in SpaceX's upcoming initial public offering even while acknowledging that Elon Musk's personal following inflates the company's valuation beyond what traditional measures would justify.

Scaramucci Sees Premium But Still Buys

In a post on X, the SkyBridge Capital founder said he already owns SpaceX through a private round and argued that the "cult of personality" around Musk can push valuations "off the charts," much as Tesla Inc.’s (NASDAQ:TSLA) stock "defies conventional metrics."

I own SpaceX. I participated in a private round.I was also an investor in xAI.Now here's my honest read:The cult of personality around Elon Musk gives his companies an excessive premium that is off the charts.Tesla is suffering and still carries a valuation that defies… pic.twitter.com/SdMCEjK4Uw

— Anthony Scaramucci (@Scaramucci) April 9, 2026

Scaramucci said he still sees the investment ...