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May 25, 2026 8:00 AM

Top Analyst Predicts Initial 'Pop' For SpaceX Investors Following IPO Due To Nasdaq 100, S&P 500 Boost—Questions $2 Trillion Market Cap

Investor Gary Black of The Future Fund LLC has said that SpaceX investors could initially benefit following the IPO, as expedited inclusion in the Nasdaq-100 and S&P 500 indices could provide a boost.

Gary Black On SpaceX IPO

In a post on X on Saturday, the investor said he considered SpaceX “overpriced at $2T valuation,” citing the company’s earnings of $6.6 billion and revenue of $18.7 billion.

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However, the investor acknowledged factors that could “engineer a first day IPO pop for investors who are allocated shares,” like a faster listing on the indices, as well as the “distribution power” offered by Goldman Sachs Group Inc. (NYSE:GS) and Morgan Stanley