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242_007predictionMarkets/StocksSpaceX

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

Prior probability
50.0%
Current probability
37.6%
evolves via intake + LBP
Conviction
3/5
Signal quality
D
Resolution
pending
Window
2026-04-30 – 2028-09-30
Edges in / out
5 / 2
Tickers exposed
26

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

From episode "Elon Enters the Chip Race, the S&P 500 Repricing, and Human Drivers Will Become Illegal | EP #242"
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

κ + Brier as of 2026-05-22
κ (discount)
0.500
Brier
Hits / Misses
0 / 0
Hit rate

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

Linked via embedding similarity 0.631

Trillion-dollar private company IPO at announced valuation within 12 months of S-1

Base rate
50.0%
2/4 historical
Inside weight
Outside weight
no pull
inside 37.6% → blend 37.6% 0.0pp)

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

6 prob_history rows
0%25%50%75%100%prior 50%2026-04-302026-05-032026-05-17
intake v2milestone miss sweeplbp propagationreference class assignedlegacy v1prior_prob (analyst seed)current = 37.6%

Milestone chain

Pre-event signals (upstream prereqs + window checkpoints) → resolution event → downstream cascades. Status/dates update from linked nodes; re-derive nightly via scripts/ops/derive_milestones.py.
Leading chain: 10 pending
  1. 2026-05-31pendingSpaceX confidential SEC S-1 draft registration filing becomes public
    How: SEC EDGAR shows SpaceX S-1 publicly filed (transition from confidential DRS submitted April 1 2026); prospectus discloses target valuation range
    Source: Bloomberg/CNBC/Reuters/WSJ April 2026 confirm confidential draft filed April 1; public prospectus expected late Mayconf 70%
  2. 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 day
    Source: Polymarket SpaceX IPO Closing Market Cap; current 2.0T-2.5T bracket 26.5% as of late April 2026conf 40%
  3. 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 thesis
    Source: Episode 242 'terafab' framing; SpaceX 2026 Starship cadence guidanceconf 55%
  4. 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 >=$2T
    Source: Polymarket 'In which month will SpaceX IPO' favors mid-to-late June 2026conf 55%
  5. 2026-06-01 → 2026-12-31pendingDay-one closing market capitalization of SpaceX upon listing
    How: 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 degree
    Source: Capital.com SpaceX IPO; Motley Fool $1.75T target coverageconf 55%
  6. 2026-09-24pendingQ1 window check-in (25%)
  7. 2026-11-30pendingScenario fires: First $1T+ IPO in 2026
  8. 2026-09-01 → 2027-06-30pendingPost-IPO secondary trading SpaceX market cap holds >=$2T for 30+ consecutive trading days
    How: Closing market cap >=$2T on each of 30 consecutive trading days post-listing; distinguishes IPO-day pop from durable repricing
    Source: Inferred cascade from Capital.com IPO valuation analysisconf 40%
  9. 2027-02-19pendingQ2 window check-in (50%)
  10. 2027-07-17pendingQ3 window check-in (75%)

What if this resolves?

Clamp this prediction TRUE or FALSE and run a counterfactual Gibbs sample. Surfaces the predictions whose marginals shift most under that assumption.
(live posterior: 38%)

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

Every probability update with full Bayesian provenance — chronological, latest first
LBP2026-05-17T02:00:01Z37.6%-1.4pp
Network propagation: 39.0% → 37.6%
5-iter LBP, residual 0.00689 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run e607fa96
LBP2026-05-10T02:00:02Z39.0%-2.9pp
Network propagation: 41.9% → 39.0%
6-iter LBP, residual 0.00584 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run e5c18d29
LBP2026-05-03T02:00:01Z41.9%-5.9pp
Network propagation: 47.8% → 41.9%
6-iter LBP, residual 0.00677 · damping 0.5, w_intrinsic 0.5 · method lbp_v3 · run 1a683ac9
LBP2026-04-30T16:39:51Z47.8%-2.2pp
Network propagation: 50.0% → 47.8%
5-iter LBP, residual 0.00825 · damping 0.5, w_intrinsic 0.5 · method lbp_v2 · run 0c8a4ea3
legacy v12026-04-30T16:13:50Z50.0%+2.2pp
reference_class_assigned bayesian_v2 inside=0.500 blend=0.500 w_in=0.30 ipo_trillion_plus
LBP2026-04-30T02:18:57Z47.8%-2.2pp
Network propagation: 50.0% → 47.8%
5-iter LBP, residual 0.00825 · damping 0.5, w_intrinsic 0.5 · method lbp_v1 · run 592311ef

Network propagation neighbors

Top edges sorted by latest LBP cross-impact
All propagation →

Top incoming (parents)

Edges that influence THIS node's belief

KindNodeTheir probP(c|s=T)P(c|s=F)Δ implied
prereqS_IPO_TRILLION_2028
First $1T+ IPO in 2028
25.0%0.5000.050-0.214
killerTK06
China-Taiwan Military Conflict
8.0%0.0500.500+0.088
killerTK15
SpaceX Starship Catastrophic Failure
12.0%0.0500.500+0.070

Top outgoing (children)

Predictions THIS node influences

KindNodeTheir probP(c|s=T)P(c|s=F)Δ implied
prereq235_040
Earth-scale Dyson swarm in solar synchronous orbit will be bAlex Wissner-Gross
26.2%0.4500.050-0.064
prereq232_049
Dyson swarm of AI orbital data centers will be built by disaAlex Wissner-Gross
19.0%0.3000.050-0.048

Ticker exposure

26 ticker(s) linked

Beneficiaries (17)

MNTSASTSBKSYLUNRRKLBFLYPLGSATNNEIRDMKRMNAMZNBALHXLMTNOCRTX

Adverse (4)

VSATSESLUMNDISH

Prerequisites (5)

Predictions that must hit first
TypePredTitleDomainLag
prereqS_IPO_TRILLION_2028First $1T+ IPO in 2028ipo_trillion_plus
correlateS_IPO_TRILLION_2027First $1T+ IPO in 2027ipo_trillion_plus
correlateS_IPO_TRILLION_2026First $1T+ IPO in 2026ipo_trillion_plus
killerTK15SpaceX Starship Catastrophic Failure
killerTK06China-Taiwan Military Conflict

Dependents (2)

Predictions enabled by this
TypePredTitleDomainLag
prereq235_040Earth-scale Dyson swarm in solar synchronous orbit will be built regardless of physics.Space
prereq232_049Dyson swarm of AI orbital data centers will be built by disassembling the moon via mass drivers.Space

Linked documents (10)

Auto-generated by cosine similarity from Polymarket / Manifold / EDGAR / GDELT
SimSourceTitleMarket probPolarityReviewedPublished
0.780manifoldSpaceX market cap $2trillion or more at close on IPO day?61%mentionspending2026-05-16
0.741polymarketSpaceX IPO closing market cap above $2T?65%mentionspending2025-12-11
0.738polymarketSpaceX IPO closing market cap above $2.2T?42%mentionspending2026-02-03
0.734gdeltprediction spacex ipo reach 1 125000963.htmlmentionspending2026-04-30
0.701manifoldWill SpaceX IPO before Bitcoin hits $100K again?79%mentionspending2026-04-23
0.689manifoldWill SpaceX outperform the S&P 500 over the 2 years following its IPO?44%mentionspending2026-06-03
0.643polymarketWill Ethereum reach $2,500 May 4-10?1%mentionspending2026-05-04
0.639polymarketWill Ethereum reach $2,800 in April?0%mentionspending2026-04-02
0.638polymarketWill the price of Ethereum be above $2,000 on June 4?1%mentionspending2026-05-28
0.638polymarketWill the price of Ethereum be above $2,100 on June 2?2%mentionspending2026-05-26

Raw metadata

From Thesis_Timeline_v1.0_FINAL workbook
{
  "nia": true,
  "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",
  "conv_level": "MEDIUM",
  "milestones": [
    {
      "kind": "llm_pre_event",
      "label": "SpaceX confidential SEC S-1 draft registration filing becomes public",
      "source": "Bloomberg/CNBC/Reuters/WSJ April 2026 confirm confidential draft filed April 1; public prospectus expected late May",
      "status": "pending",
      "weight": 0.4,
      "ordinal": -10,
      "source_id": null,
      "confidence": 0.7,
      "source_url": "https://www.fool.com/investing/2026/04/27/spacex-ipo-timeline-every-important-date-need-know/",
      "expected_date": "2026-05-31",
      "research_origin": "deep_research",
      "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",
      "weight": 0.4,
      "ordinal": -9,
      "source_id": null,
      "confidence": 0.4,
      "source_url": "https://polymarket.com/event/spacex-ipo-closing-market-cap",
      "expected_date": "2026-07-16",
      "research_origin": "deep_research",
      "expected_date_range": {
        "to": "2026-09-30",
        "from": "2026-05-01"
      },
      "measurement_criterion": "Polymarket 'SpaceX IPO Closing Market Cap' resolves or trades the >=$2T bracket above 50% midpoint for any 7-day rolling window prior to listing day"
    },
    {
      "kind": "llm_pre_event",
      "label": "Starship Block 2 successful orbital flight + booster recovery (catalyst for IPO valuation)",
      "source": "Episode 242 'terafab' framing; SpaceX 2026 Starship cadence guidance",
      "status": "pending",
      "weight": 0.4,
      "ordinal": -8,
      "source_id": null,
      "confidence": 0.55,
      "expected_date": "2026-07-16",
      "research_origin": "training",
      "expected_date_range": {
        "to": "2026-09-30",
        "from": "2026-05-01"
      },
      "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; Motley Fool $1.75T target coverage",
      "status": "pending",
      "weight": 0.4,
      "ordinal": -6,
      "sour
... (truncated)