Episode #92: The $1.75 Trillion Bet: What WeWork Taught Us About the SpaceX IPO
Podcast: Stewart Squared · Stewart Alsop II, Stewart Alsop III
Opublikowano: 2026-06-04
On this episode of the Stewart Squared podcast, host Stewart Alsop speaks with his father Stewart Alsop II about the SpaceX IPO and whether such a massive public offering could actually fail. Stewart Alsop II published his analysis just fifteen minutes before recording at sallsop.substack.com, questioning the logic behind the $1.75 trillion valuation and $75 billion raise, especially given that the company loses nearly $5 billion annually. The conversation ranges from the mechanics of IPOs and the SEC approval process to the only recent failed IPO (WeWork), SPACs versus traditional public offerings, the iron triangle of regulators and business interests...