Investors are also gearing up for the debut of SpaceX on the NASDAQ tomorrow, which just set the record for the world's largest IPO, raising $75 billion.

That is a massive number, but I'm focused on an even bigger one.

One trillion.

Elon Musk is set to become the world's first trillionaire.

Do you see I'm tongue-tied just saying it when SpaceX goes public.

If he were a country, he would be the 22nd largest economy just behind Poland and ahead of Taiwan.

But here's the thing.

Despite all of the hype and all of the promises, the actual financials do not add up to actual profit. SpaceX has recorded

$13 billion worth of losses since the beginning of 2023. That is according to recent

filings. In the first three months of this year alone, it lost nearly $4.5 billion. Morningstar

analysts believe it is worth less than half of its massive $1.75 trillion

dollar IPO target. And if you do not like how Musk does his business, well then tough nuts,

kids, because after this IPO, he's expected to retain about 82% of the company's voting rights.

Thousands of current and former SpaceX employees will become millionaires tomorrow when this puppy

goes public.

But they and we will be very wise to remember.

It is Musk's company, and we are just along for the ride.

The numbers, we're talking huge numbers.

It's selling for $135 a share.

Actually, that's the price last night. Remember,

the IPO happened already, and today you can get your chance to buy shares. It raised $75 billion last

night, and that values it at $1.7 trillion. That is bigger than Tesla. So this is now going to be already the seventh largest

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