It's wild how blatantly they rig the markets for DARPA cutouts.
Market cap for everyone else is priced off of revenue, but now DARPA cutouts will 5X in market cap in less than a year—without any pretense at legitimacy. Makes me wonder what these shenanigans are actually funding
On June 12, 2026, SpaceX, Elon Musk’s flagship company, went public and its stock surged 19.2%, pushing the company’s market capitalization to $2.1 trillion. Musk’s personal net worth also climbed to $1,109.4 billion, surpassing the $1.1 trillion mark and making him the first trillionaire in human history.