The SpaceX IPO Valuation Reality Check | The Pope on AI

About this episode

Simon Brown discusses the SpaceX IPO valuation and various market movements including the Dow Jones and Moody's outlook on South Africa.

SpaceX comes to market on 12 June at a $1.75 trillion valuation — 94 times sales, where Amazon trades at four. Simon walks through where to actually buy it (Robinhood, Charles Schwab, Fidelity), why xAI is a rounding error in the AI race, and why Tesla is likely to be rolled into SpaceX within two to three years. Plus the Dow Jones turns 130, Moody's lifts South Africa's outlook from stable to positive, Balwin delists at below NAV with Calgro M3* potentially next, and stocks on the move including Shoprite*, AB InBev, Impala Platinum, and Gold Fields. Topics: SpaceX IPO, Dow Jones, Moody's, Balwin delisting, Calgro M3, Canal Plus, Pope Leo XIV on AI, oil, Shoprite, AB InBev, Implats, Gold Fields, Anglo Gold Ashanti. WorldWideMarkets is part of JustOneLap.com.

People in this episode

Host: Simon Brown

Topics covered

• SpaceX IPO
• AI
• Dow Jones
• Moody's outlook
• Balwin delisting
• Stock market movements

Keywords

• SpaceX
• IPO
• valuation
• AI
• stock market
• Moody's
• Balwin
• Tesla
• Shoprite
• AB InBev

Mentioned in this episode

Organizations: SpaceX, Amazon, Robinhood, Charles Schwab, Fidelity, xAI, Tesla, Dow Jones, Moody's, Balwin

Places: South Africa

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