SpaceXAI IPO Part 3: If You Like the SpaceXAI IPO, You’ll LOVE the $2 Trillion GNG IPO Next Year! 😉😂🤣

In part 1 of this series, we looked at the facts behind the SpaceXAI IPO, and in part 2, we looked at the SUPER COOL story that Elon is spinning, which is 50% PT Barnum, 50% Star Trek nerd, and 150% Silicon Valley bravado 😂. In part 3, I want to give my Josh Brown-style commentary, because at some point, optimistic extrapolations become dangerous, just as SPAC investors learned following the 2021 post-pandemic speculative mania driven by lots of stimulus money, zero rates, and a belief that only narrative and potential and TAM were needed for life-changing stock market profits. This is what happens when you trust the story instead of the math. Chamath raised $4.75 billion from investors who lost $1.24 billion. Elon is trying to raise $75 billion + $11 billion greenshoe + $350 billion in burn through 2030 (Goldman Sachs) = $436 billion direct cash raise. Plus, of course, buying Tesla and Cursor AI for around $2 trillion (including Tesla premium) Elon is asking investors to pony up 500X as much as Chamath ever did. So you better believe that the team and I spent 2 weeks making DARN sure that anyone investing knows EXACTLY what they are getting into. So let me share a parody I came up with in the GNG Chat room (Ask Adam), where I post screenshots, charts, and random thoughts that often become entire research reports. That is the place you can get unfiltered Adam…yes, these articles are me with a filter! 😉🤣 Satire Is The Key To Understanding An Aburd World With Absurd Claims GNG's $2 trillion IPO is the Animal Farm of finance😂 Let me tell you an absurd story. When Connor showed me some of his preliminary algo historical returns, I fed them into Perplexity and asked her to run the numbers and extrapolate what is the maximum potential returns that the algo plans that Connor was working towards MIGHT one day, at full scale, be able to achieve. The answer was $500 billion to $5 trillion. Perplexity was clear that this was a hypothetical “in theory, the laws of math allow this, but don’t ever tell anyone about this” kind of inside joke😉😂 When I was going on this 2-week odyssey of deep diving on SpaceXAI, I came to realize that I could turn our inside joke about the “magic money machines” of GNG into a potential satire. First: A Message from Legal😉 To be unmistakably clear: there is no GNG IPO. The "$2 trillion GNG IPO" is satire, designed to demonstrate how TAM-based hype math can justify any valuation for any company. GNG is not raising capital, and no part of this article is an offer of securities. Adam’s funny response. (checked with legal first because the lawyers rule us all) 😉😂🤣 Hey, in 5 years we would love to IPO... just at a reasonable valuation... like $1 trillion, not $2 trillion... because we're not maniacs 🤣 So let me show you the madness/genius of the 2027 GNG IPO that is very compelling math! I swear! The upside potential is huge! 😉😂🤣 $2 Trillion Valuation Is A Bargain! Heck, That Might Be An 80% Dicount! Just Look At The Math😂🤣 OK, so let’s start with the classic Shark-Tank/huckster claim…”The TAM (total addressable market) is HUGE! If we can get just 1% of that market, the company will be worth billions (or trillions!)🤣 $500 billion to $5 trillion in potential trading profits, let’s just ignore the value of the rest of GNG Research, including the wealth management arm, the ETFs, and every other vertical. Let’s just focus on the trading profit POTENTIAL. After all, SpaceXAI’s S1 clearly lists 93% of its TAM of $28.5 trillion as AI (80% enterprise AI = Grok) In other words, SpaceXAI is calling itself an 80% AI company, so Elon is saying “Grok is the investment proposition”. So let’s do the same. Trading profits only. $500 billion to $5 trillion…OK, those numbers SEEM big…so let’s be conservative😂 by using the 1% rule. $5 billion to $50 billion in trading profits and the growth rate? In the age of AI? Elon has The trading profit potential is based on the current size