With SpaceX prepping for a June IPO at a possible $1.5T valuation, the secondary market activity is getting wild. If you could grab an allocation at a 30% discount today, do you take it, or do you trust the public market to not 'Cerebras' the listing? Curious where people are putting their 'dry powder' right now.

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Hard pass

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True Fiber wins on speed in developed areas every time, Starlink isn't trying to compete with that. The bull case isn't about suburban users; it's about the 3B+ people globally with zero Fiber access, plus the entire maritime, aviation, and defense sectors that literally can't run a cable to a moving target. It’s a global ISP play for the 'un-connected' world, which is a massive, high margin niche that didn't exist five years ago. That’s the revenue stability that’s driving the current 30% discount interest.

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