RETURN TO CHANNEL

Search Captions & Ask AI

Scott Galloway's Prediction About SpaceX IPO

June 09, 2026 / 00:52

This episode discusses the potential impact of SpaceX's IPO on the stock market and cryptocurrency, particularly Bitcoin. Key topics include market trends, valuations, and investor behavior.

The host expresses skepticism about SpaceX, suggesting that its stock may peak shortly after going public. They predict a significant influx of capital into SpaceX, which could lead to declines in both the tech stock market and cryptocurrency values.

There is a focus on the relationship between Elon Musk's influence and Bitcoin, with the host noting that many of Musk's supporters are likely to sell Bitcoin to invest in SpaceX. The conversation highlights concerns about market valuations, specifically referencing a high revenue multiple for SpaceX.

The host describes the enthusiasm surrounding SpaceX as cult-like, drawing parallels to the fervor among Bitcoin investors. This comparison raises questions about the sustainability of both markets.

Overall, the episode presents a critical view of the current market dynamics surrounding SpaceX and cryptocurrency, emphasizing potential risks for investors.

TLDR

SpaceX's IPO may lead to declines in tech stocks and Bitcoin as investors shift capital.

Episode

0:52

00:00:00

I said I wouldn't get near SpaceX and if you do, I would sell on the first trade.

00:00:04

I think SpaceX is about to hit a 10-year high on the minute it goes public, meaning it'll be all downhill from

00:00:09

there. One of the reasons you might be seeing a decline in the crypto market right now is all of those people are

00:00:14

selling to buy into the SpaceX IPO. You're also probably going to see a decline in the larger market for tech

00:00:19

stocks because I think so much capital is going to be sucked up by these guys. Look, it's a cult. I wonder what's going

00:00:25

to happen to Bitcoin because that has a culty feel to it. And I think a lot of Elon stands are Bitcoin holders and are

00:00:31

going to fund their SpaceX purchases with sales of Bitcoin. I think Elon and his banks will probably create enough

00:00:37

artificial scarcity to manufacture a pop. Nothing feels or says froth in a market like a 94 times revenue

00:00:45

valuation.

Episode Highlights

SpaceX IPO Predictions
Experts predict a significant market shift with the upcoming SpaceX IPO.
“I think SpaceX is about to hit a 10-year high.”
@ 00m 04s
June 09, 2026
Impact on Crypto Market
The crypto market may decline as investors shift to SpaceX.
“One of the reasons you might be seeing a decline in the crypto market right now is...”
@ 00m 11s
June 09, 2026

Episode Quotes

I think SpaceX is about to hit a 10-year high.
Scott Galloway's Prediction About SpaceX IPO
Nothing feels or says froth in a market like a 94 times revenue valuation.
Scott Galloway's Prediction About SpaceX IPO

Key Moments

SpaceX IPO00:04
Crypto Market Decline00:11
Market Froth00:43