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Prediction Website: SpaceX's Valuation Could Exceed $2 Trillion

On May 21, it was reported that bettors on the prediction website Polymarket anticipate that SpaceX's market value will almost certainly surpass $1 trillion upon its public listing, with a 73% probability of exceeding $2 trillion. These bets are linked to the closing market value on SpaceX's first day of trading. The company plans to go public in June, with an expected target valuation exceeding $1.5 trillion. Additionally, data from Polymarket indicates a 17% probability of its market value exceeding $3 trillion and a 2% probability of surpassing $4 trillion. The prediction market launched betting on SpaceX's valuation about two weeks ago, but currently, trading volumes on related contracts are low, suggesting that there may be some skepticism regarding these probabilities. If SpaceX's market value does indeed exceed $2 trillion, it would surpass at least two of the 'Big Seven' U.S. stocks: Meta Platforms (META.O) and Tesla (TSLA.O), which currently have market values of approximately $1.5 trillion and $1.6 trillion, respectively.

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