It depends at least partially on how much they're going to float. I think SpaceX is only planning about a 4% float, so even at $1.5T they only need around $60B. Which is a drop in the bucket.

EDIT - but that's just the IPO, I wasn't even thinking about how much insiders will want to sell after the lockup ends...

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ecommerceguy 20 hours ago | parent [-]

Is 100+ FPE the new normal?

	▲	phkahler 20 hours ago \| parent \| next [-]
		The valuation just needs to be high enough to get into an index, then the 401K plans start buying the shares automatically.
	▲	einrealist 20 hours ago \| parent \| prev [-]
		Must be retail investors believing: big number == good.