Prediction markets favor $2T+ SpaceX IPO pricing in Terafab value
Predictor: Prediction markets · ep#242 "Elon Enters the Chip Race, the S&P 500 Repricing, and Human Drivers Will Become Illegal | EP #242" · source
Prediction text
Prediction markets favor $2T+ SpaceX IPO pricing in Terafab value | SpaceX IPO was originally going to be 1 and 1/2 trillion. Now prediction markets favor 2 plus trillion dollar SpaceX IPO pricing in the SpaceX portion of the terrafab
Watch events: SpaceX IPO roadshow (Jun 2026); Starship V3 orbital test; Starlink V3 launch cadence
Verbatim quote
SpaceX IPO was originally going to be 1 and 1/2 trillion. Now prediction markets favor 2 plus trillion dollar SpaceX IPO pricing in the SpaceX portion of the terrafab
Predictor: Prediction markets
Evidence about this node from Prediction markets is multiplied by κ in /api/intake. Lower κ = less weight; floors at 0.10 (effectively silenced) and caps at 1.00 (full weight).
Reference class: ipo_trillion_plus
Trillion-dollar private company IPO at announced valuation within 12 months of S-1
Tetlock-style outside view: at TRF=1 (just predicted), outside view dominates (w_in=0.3). At TRF=0 (deadline), inside view dominates (w_in=1.0). The blend regularizes overconfident inside views toward the historical base rate.
Probability over time
Milestone chain
- 2026-05-31overdueSpaceX confidential SEC S-1 draft registration filing becomes publicHow: SEC EDGAR shows SpaceX S-1 publicly filed (transition from confidential DRS submitted April 1 2026); prospectus discloses target valuation rangeSource: Bloomberg/CNBC/Reuters/WSJ April 2026 confirm confidential draft filed April 1; public prospectus expected late Mayconf 70%
- 2026-05-01 → 2026-09-30pendingPolymarket SpaceX IPO market-cap-at-close >=$2T contract probability rises above 50%How: Polymarket 'SpaceX IPO Closing Market Cap' resolves or trades the >=$2T bracket above 50% midpoint for any 7-day rolling window prior to listing daySource: Polymarket SpaceX IPO Closing Market Cap; current 2.0T-2.5T bracket 26.5% as of late April 2026conf 40%
- 2026-05-01 → 2026-09-30pendingStarship Block 2 successful orbital flight + booster recovery (catalyst for IPO valuation)How: SpaceX Starship Block 2 reaches stable orbit and successfully performs both booster catch and ship recovery; required de-risking for IPO investor confidence in $2T thesisSource: Episode 242 'terafab' framing; SpaceX 2026 Starship cadence guidanceconf 55%
- 2026-06-01 → 2026-12-31pendingSpaceX IPO prices (final pre-trade valuation set)How: SEC final prospectus filed with offering price; total implied equity valuation calculable from share count x offer price; check whether valuation prints >=$2TSource: Polymarket 'In which month will SpaceX IPO' favors mid-to-late June 2026conf 55%
- 2026-06-01 → 2026-12-31pendingDay-one closing market capitalization of SpaceX upon listingHow: Bloomberg/Refinitiv listing-day close share price * fully-diluted share count; this is the canonical 'IPO pricing' figure for the prediction; >=$2T = HIT, <$2T = MISS or PARTIAL depending on degreeSource: Capital.com SpaceX IPO; Motley Fool $1.75T target coverageconf 55%
- 2026-09-24pendingQ1 window check-in (25%)
- 2026-09-01 → 2027-06-30pendingPost-IPO secondary trading SpaceX market cap holds >=$2T for 30+ consecutive trading daysHow: Closing market cap >=$2T on each of 30 consecutive trading days post-listing; distinguishes IPO-day pop from durable repricingSource: Inferred cascade from Capital.com IPO valuation analysisconf 40%
- 2027-02-19pendingQ2 window check-in (50%)
- 2027-07-17pendingQ3 window check-in (75%)
What if this resolves?
Click a button to clamp this prediction and run a Gibbs sample. Returns the predictions whose marginals shift most. ~30s per run; ideal for stress-testing "if X resolves, what else moves?"
Evidence chain
Raw metadata
{
"trf": 0.9558236180937868,
"kappa": 0.5,
"base_rate": 0.5,
"predictor": "Prediction markets",
"total_llr": -0.4054651081081644,
"grace_days": 7,
"bayesian_v2": true,
"prior_logit": -0.5058780924305455,
"bayes_factor": "1.2:1 against",
"blend_reason": "blend 33% inside / 66% outside (TRF=0.956, base_rate=0.500 from ipo_trillion_plus)",
"inside_prior": 0.37616029286309777,
"kappa_source": "predictor_table",
"n_milestones": 1,
"blend_applied": true,
"contributions": [
{
"llr": -0.4054651081081644,
"kind": "llm_pre_event",
"kappa": 0.35,
"label": "SpaceX confidential SEC S-1 draft registration filing becomes public",
"weight": 0.4,
"strength": "weak",
"confidence": 0.7,
"source_url": "https://www.fool.com/investing/2026/04/27/spacex-ipo-timeline-every-important-date-need-know/",
"adjusted_llr": -0.14191278783785752,
"expected_date": "2026-05-31",
"measurement_criterion": "SEC EDGAR shows SpaceX S-1 publicly filed (transition from confidential DRS submitted April 1 2026); prospectus discloses target valuation range"
}
],
"evidence_kind": "metadata_milestone_miss_sweep",
"inside_source": "history_v2",
"inside_weight": 0.33092346733434924,
"outside_weight": 0.6690765326656507,
"posterior_prob": 0.4466119925979087,
"posterior_logit": -0.647790880268403,
"predictor_brier": null,
"inside_posterior": 0.3434875299379761,
"blended_posterior": 0.4466119925979087,
"reference_class_id": "ipo_trillion_plus",
"total_adjusted_llr": -0.14191278783785752,
"predictor_n_resolved": 0
}Network propagation neighbors
Top incoming (parents)
Edges that influence THIS node's belief
| Kind | Node | Their prob | P(c|s=T) | P(c|s=F) | Δ implied |
|---|---|---|---|---|---|
| prereq | S_IPO_TRILLION_2028 First $1T+ IPO in 2028 | 25.0% | 0.500 | 0.050 | -0.284 |
| killer | TK06 China-Taiwan Military Conflict | 8.0% | 0.050 | 0.500 | +0.017 |
| killer | TK15 SpaceX Starship Catastrophic Failure | 12.0% | 0.050 | 0.500 | -0.001 |
Top outgoing (children)
Predictions THIS node influences
Ticker exposure
Beneficiaries (17)
Adverse (4)
Prerequisites (5)
| Type | Pred | Title | Domain | Lag |
|---|---|---|---|---|
| prereq | S_IPO_TRILLION_2028 | First $1T+ IPO in 2028 | ipo_trillion_plus | — |
| correlate | S_IPO_TRILLION_2027 | First $1T+ IPO in 2027 | ipo_trillion_plus | — |
| correlate | S_IPO_TRILLION_2026 | First $1T+ IPO in 2026 | ipo_trillion_plus | — |
| killer | TK15 | SpaceX Starship Catastrophic Failure | — | — |
| killer | TK06 | China-Taiwan Military Conflict | — | — |
Dependents (2)
Linked documents (10)
Raw metadata
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"qty": "$2+ trillion",
"url": "https://www.youtube.com/watch?v=wMLcIWLlcWg",
"mode": "CITED_PREDICTION",
"role": "Cited-Firm",
"context": "Now prediction markets favor 2 plus trillion dollar SpaceX IPO pricing in the SpaceX portion of the terrafab",
"cited_by": "Alex Wissner-Gross",
"verbatim": "SpaceX IPO was originally going to be 1 and 1/2 trillion. Now prediction markets favor 2 plus trillion dollar SpaceX IPO pricing in the SpaceX portion of the terrafab",
"conv_cues": "prediction markets favor",
"direction": "UP",
"timeframe": "SpaceX IPO",
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"milestones": [
{
"kind": "llm_pre_event",
"label": "SpaceX confidential SEC S-1 draft registration filing becomes public",
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"status": "overdue",
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"expected_date": "2026-05-31",
"miss_emitted_at": "2026-06-08T01:14:46.026680+00:00",
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"measurement_criterion": "SEC EDGAR shows SpaceX S-1 publicly filed (transition from confidential DRS submitted April 1 2026); prospectus discloses target valuation range"
},
{
"kind": "llm_pre_event",
"label": "Polymarket SpaceX IPO market-cap-at-close >=$2T contract probability rises above 50%",
"source": "Polymarket SpaceX IPO Closing Market Cap; current 2.0T-2.5T bracket 26.5% as of late April 2026",
"status": "pending",
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"source_url": "https://polymarket.com/event/spacex-ipo-closing-market-cap",
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"expected_date_range": {
"to": "2026-09-30",
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},
{
"kind": "llm_pre_event",
"label": "Starship Block 2 successful orbital flight + booster recovery (catalyst for IPO valuation)",
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"measurement_criterion": "SpaceX Starship Block 2 reaches stable orbit and successfully performs both booster catch and ship recovery; required de-risking for IPO investor confidence in $2T thesis"
},
{
"kind": "llm_pre_event",
"label": "SpaceX IPO prices (final pre-trade valuation set)",
"source": "Polymarket 'In which month will SpaceX IPO' favors mid-to-late June 2026",
"status": "pending",
"weight": 0.4,
"ordinal": -7,
"source_id": null,
"confidence": 0.55,
"source_url": "https://polymarket.com/event/in-which-month-will-spacex-ipo",
"expected_date": "2026-09-15",
"research_origin": "deep_research",
"expected_date_range": {
"to": "2026-12-31",
"from": "2026-06-01"
},
"measurement_criterion": "SEC final prospectus filed with offering price; total implied equity valuation calculable from share count x offer price; check whether valuation prints >=$2T"
},
{
"kind": "llm_pre_event",
"label": "Day-one closing market capitalization of SpaceX upon listing",
"source": "Capital.com SpaceX IPO; Mot
... (truncated)