News Summary

• SpaceX is predicted to become the first company to debut on the stock market already valued at more than not just $1 trillion.
• It would rank behind only five companies in the S&P 500 Index — Apple, Alphabet, Microsoft, Nvidia and Amazon.
• It will also cement Musk, who is already worth some $817 billion, as history’s first-ever trillionaire.
• A lot of his ideas resemble stoner sci-fi notions that might be amusing if he wasn’t an election-meddling sycophant for fascism.