Pivot

Podbit · Pivot

Trump's Iran Deal, SpaceX’s Wild Ride, and Snap’s Specs

Explore episode Jun 19, 2026
Business
Data point 130x

Trump's Iran Deal, SpaceX’s Wild Ride, and Snap’s Specs · Jun 19, 2026 Business

SpaceX went public, surged 50% in its first days, and now trades at 130 times revenues — making it the 5th largest company, ahead of Amazon. At that multiple, buying Cursor at 15x revenues is actually accretive. Everything in the market now looks cheap by comparison.

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