It’s hard to imagine the three debutantes delivering a post-IPO payoff anywhere near what publicly traded technology giants have produced in recent decades.The math is laughable, in fact. Median market capitalization at IPO for the Magnificent Seven was $1.2 billion. Their median market cap is now $3.1 trillion, more than a 2,500-fold increase. For SpaceX to achieve comparable growth from a $1.8 trillion starting valuation, it would have to approach a value of $5 quadrillion.

 

SpaceX Needs to Get to $5 Quadrillion to Rival Mag Seven Magic

June 1, 2026 at 5:30 AM EDT

By Nir Kaissar

Nir Kaissar is a Bloomberg Opinion columnist covering markets. He is the founder of Unison Advisors, an asset management firm.

I can't stop laughing at the absurdity of these IPO's