So Elon just casually dropped '$10T or bust' on X and now Wall Street is basically clearing their calendars for SpaceX. The context here is wild - Peter Diamandis mentioned Elon's already at around $800 billion (which is like 2.7% of entire US GDP btw), and Elon just responded with that $10T line. Peter tied it back to Rockefeller's wealth in 1913, saying Rockefeller had oil but Elon has the future. Fair point.

But the real story isn't just about Elon's net worth projections - it's the absolute frenzy around SpaceX's upcoming IPO. We're talking roughly $1.5 trillion valuation. Nearly 200 institutional investors from major Wall Street funds literally traveled to Texas recently for the pitch. Some fund managers have already set aside capital, doing the math on how much they can allocate. What's interesting is some are actually cutting into their mega-cap tech positions, including Tesla, just to free up cash for this.

Meanwhile, retail traders are watching this whole thing unfold through the Tesla lens. On Stocktwits, TSLA sentiment is showing as extremely bullish but the message volume is pretty low. SpaceX sentiment is actually bearish with barely any chatter happening. You see some wild takes in the comments - one trader asking why Elon doesn't just self-fund Tesla infrastructure to avoid regulatory delays, another calling for $400 open and $420 by end of week. TSLA is down about 13% year-to-date and it's the second-worst performer in the Mag7, so there's definitely some tension there.

Here's where it gets corporate governance interesting though. SpaceX is telling IPO investors that Elon basically can't be removed as CEO or board chairman unless he signs off on it. The dual-class share structure gives him Class B shares with 10 votes each, which he'll control post-IPO. Basically any serious attempt to oust him would have to go through the voting power he already controls. It's a pretty tight setup - corporate governance experts note this goes further than typical founder-led tech IPOs. SpaceX even warned potential investors this structure will limit their ability to influence corporate matters. That's pretty transparent at least.

Oh, and Elon's also in court fighting OpenAI right now. Greg Brockman, OpenAI's co-founder and president, testified recently in the California case Elon brought against them. Elon's pushing for OpenAI to return to non-profit status, claiming they violated charitable trust agreements. There's apparently some heated exchanges - Elon allegedly messaged Greg saying by end of week 'you and Sam will be the most hated men in America' if they don't settle. OpenAI's legal team tried to get the court to examine those messages during testimony.

So yeah, Elon's net worth trajectory, SpaceX IPO chaos, Tesla volatility, and legal battles all happening simultaneously. Definitely a lot to track right now.