TSLA — Research Report

SpaceX filed for its long-awaited IPO on Wednesday, aiming to raise $75 billion at a $1.75 trillion valuation, which would make it the largest IPO in market history. The company generated $18.7 billion in 2025 revenue with a $4.9 billion loss, with Starlink contributing $11.4 billion in revenue. Elon Musk will retain 85.1% voting power post-IPO. Trading is expected to begin as early as June 12 under ticker SPCX on Nasdaq.

Lucid Group faces significant investment risks including ongoing production issues with its Gravity SUV, uncertainty about continued funding from Saudi Arabia's PIF (which recently pulled support from LIV Golf), and lagging gross profitability progress compared to rival Rivian. The article advises most investors to avoid Lucid at this time.

Tesla has ended production of its Model S and X vehicles after 14 and 11 years respectively, pivoting toward new growth areas including Full Self-Driving, robotaxis (Cybercab), energy storage, and the Optimus humanoid robot project. While the company shows tangible momentum in these new segments with strong subscriber growth and revenue generation, analysts remain divided on the stock due to its high valuation (P/E of ~370) and execution risks. The upcoming SpaceX IPO also poses a potential threat to capital flows historically directed to Tesla.

SpaceX is expected to launch its IPO on June 12 with a valuation between $1.75-$2 trillion, potentially becoming the largest IPO in history. While the company's leadership in reusable rockets, Starlink satellite internet, and recent xAI merger generate significant investor excitement, analysts caution that massive valuations and high expectations could lead to underperformance. Historical data shows large IPOs often struggle post-launch, and the company's association with Elon Musk introduces volatility risks. The IPO's success may hinge on upcoming Starship test flights.

Ford Motor Company is pivoting from struggling EV production to energy infrastructure by formalizing its Ford Energy subsidiary and securing a 20 GWh battery supply agreement with EDF. The company will retool its Kentucky facility to produce utility-grade battery energy storage systems (BESS) for data centers and grid stabilization, leveraging domestic manufacturing advantages under the Inflation Reduction Act. With initial deliveries expected in late 2027, analysts may adopt a sum-of-the-parts valuation model that could unlock significant shareholder value.

As SpaceX prepares for its June IPO, a University of Florida finance professor warns that the 'Elon Musk effect' could drive significant trading volatility. Despite concerns about potential overvaluation at $1.5 trillion or higher and risks that Starlink profits could be diverted to Mars missions rather than shareholders, some investors like Baron Capital remain bullish and plan substantial purchases at IPO.

SpaceX is expected to launch its IPO on June 12 with a valuation between $1.75-2 trillion, potentially becoming the largest IPO in history. While the company's diverse businesses in space, AI, and satellite internet generate significant investor excitement and major bank involvement, analysts warn of risks including high valuations, the 'Musk Effect' volatility, and challenges justifying the massive valuation. The IPO could also divert investor attention from Tesla.

SpaceX is accelerating its IPO to June 12, 2026, aiming to raise $75 billion at a $1.75 trillion valuation and become the eighth-largest U.S. public company. The company will conduct a 5-for-1 forward stock split to improve retail investor accessibility. However, the article warns that despite historical stock-split outperformance, mega-IPOs typically struggle post-debut, and SpaceX's expected astronomical price-to-sales ratio may signal a bubble.

Bitget, the world's largest Universal Exchange, has launched the UEX Jumpstart Program, a multi-product onboarding initiative with a 430,000 USDT prize pool spanning crypto futures, precious metals, stocks, and CFDs. The program runs through June 2026 and reflects growing market diversification, with non-crypto assets accounting for 40% of Bitget's Q1 2026 trading volume.

Rivian Automotive has a $25 price target from Benchmark Company analyst Mickey Legg, implying 79% upside potential. The company showed strong Q1 results with 11% revenue growth and 20% delivery increases, plus launched its mass-market R2 model and secured a $1.25 billion Uber partnership for autonomous vehicles. However, the stock remains risky due to declining automotive revenue per unit and intense competition from Tesla's Model Y.