Ackman Projects SpaceX Could Achieve Lowest Cost of Equity Capital in History

What was said

"SpaceX goes public at $750 billion, probably be the lowest cost of capital, equity capital transaction in the history of the world."

Bill Ackman, who has invested in SpaceX through an SPV at Ron Baron's recommendation, predicted that a SpaceX IPO at $750 billion would represent the most efficient equity capital raise ever. He argued the company should be evaluated like a venture investment based on Elon Musk's execution track record, near-monopoly launch position, and Starlink's trajectory rather than traditional valuation metrics.