This is Squawk Pod, and I'm CNBC producer Cameron Costa.

On today's episode, the SpaceX IPO lifts off.

If people had told me this was going to happen, I was like, man, you must be smoking some really good crack.

Two, one, ignition, engines full power, and lift off of Falcon 9.

Go SpaceX, go Starlink, to all SpaceXers new and old.

Let's see what's out there.

Occupy Mars.

Andresen Horowitz, general partner David George took a bet on SpaceX back in early 2021, and

he is still betting on Musk.

The way I think about SpaceX is, this is the best entrepreneur of our generation in Elon,

and he's going after two of the biggest markets of all time, space and AI.

And what can we expect after the first trade? What it might mean for the mega

IPOs still to come, like Anthropics and Open AIs. Tenacity Ventures, Ben Narasin. If SpaceX doesn't fly,

you're going to see a huge stall for everything else, and it can put a true chill on the market.

If it pops, everybody is just

popping champagne. So we're awaiting the first trade and we're awaiting the world's first

trillionaire. CNBC's wealth reporter Robert Frank is crunching the numbers. It all depends on

SpaceX shares. Staying about $140 a share, probably.

It is Friday, June 12, 2026, and SquawkPod begins right now.

And three, two, one.

Here, please.

Good morning, and welcome to Squackbox here on CNBC.

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