Scott Galloway predicts that when SpaceX goes public, investor money will shift from Tesla to SpaceX, causing Tesla's valuation to drop to about a fifth of its current level.

Phoebe Liu's sources suggest SpaceX and xAI are likely to hold up relatively well in public markets because people invest in Elon Musk's companies.

SpaceX is targeting to raise $75 billion at a $1.75 trillion valuation, aiming to be the largest IPO ever in terms of capital raised.