Brad Gerstner Calls SpaceX a Must-Buy Asset for Institutional Investors on June 16

According to Brad Gerstner, founder and CEO of Altimeter, SpaceX is a must-buy and must-hold asset for institutional investors on June 16 during the BG2 podcast. Gerstner cited SpaceX's positioning at the intersection of the space economy and AI compute expansion as key drivers. He noted that SpaceX's valuation multiple has declined from approximately 100x to 39x past revenue following recent deals, while the company added roughly $29 billion in new orders within a month.
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