SpaceX will go public June 12, 2026 at a $2 trillion valuation, creating massive wealth for over 4,000 employees. The real story is the second-order effects: a capital flood into Southern California real estate and startups roughly 17 times larger than Facebook's 2012 IPO.
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The largest IPO in human history is happening in 3 weeks. SpaceX is going public on June 12th at a $2 trillion valuation, and Starlink is doing $12 billion a year alone. All these stats are not the real story. The real story is actually something different. It's a second-order effect of what happens when this finally happens. Google IPO'd in 2004 and Mountain View transformed literally overnight. Facebook IPO'd, Menlo Park real estate literally doubled. The entire next decade of tech was funded by the liquidity that these employees and early employees got from these IPOs. So SpaceX is about to happen in El Segundo in Southern California down here. I'm in LA. The difference this time is that the IPO is 17 times as big as the Facebook one was. Over 4,000 employees are going to wake up on June 13th as multi-millionaires, fully liquid for the first time ever. So what does that mean? Where is that money gonna flow? It's gonna flow into real estate, it's gonna flow into new startups, it's gonna flow into new funds, it's gonna flow into the entire South Bay of California ecosystem. So the question is, how do you position yourself for something like this? Do you get into tech? Do you get into real estate? Let me know in the comments below.