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Tom Mueller on SpaceX's Rise and Space Economy

Tom Mueller, Founder and CEO of Impulse Space and first employee at SpaceX, discussed SpaceX's evolution from a risky startup in 2002 to a $2 trillion public company. He described early skepticism, repeated test failures, and key milestones such as reaching orbit, servicing the ISS, landing reusable rockets, and enabling global internet. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

SpaceX IPO Leaves Billions on the Table Amid High Valuation Concerns

Jay Ritter, director of The IPO Initiative and Emeritus Professor at the University of Florida, discussed the unprecedented $75 billion SpaceX IPO, highlighting its fixed $135 offer price set before the roadshow a highly unusual approach. This pricing strategy resulted in a first-day stock price jump that left approximately $20 billion in first-day profits on the table, more than double the previous U.S. IPO record held by Alibaba. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

NYC Comptroller Raises Concerns Over SpaceX Index Inclusion and Governance Structure

New York City Comptroller Mark Levine discussed the fast-tracking of SpaceX's inclusion into major indexes such as MSCI Global Standard and FTSE Russell, highlighting concerns about the abandonment of traditional criteria like seasoning periods and earnings track records. Levine emphasized the unprecedented governance structure of SpaceX, where a single individual holds dominant control with limited shareholder rights and no independent board oversight. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

SpaceX, Tesla Merger A 'Forgone Conclusion,' Says Ross Gerber

Ross Gerber, president and CEO of Gerber Kawasaki Wealth & Investment Management, said that he feels a that a merger to combine SpaceX and Tesla is a 'forgone conclusion' and that he believes its been propping up Tesla's stock as people wait for an opportunity to own SpaceX. Gerber says that despite some concerns about Musk's complete control over both companies, he feels that investors know what they are getting into putting their money in his hands and that investors who have a problem with it shouldn't buy the stock.

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Bloomberg

Musk Aiming For 'Holy Grail of Space Flight' in Reusability, Says Loren Grush

Bloomberg space reporter Loren Grush said that Elon Musk is still focused on Space even as other parts of the company generate more revenue for Musk as SpaceX's IPO makes him the world's richest man. Grush said that Musk is still committed to the starship rocket and trying to reach the 'holy grail of space flight' in reusing boosters/

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