---
title: 'Elon is about to Execute SpaceX Phase 2: PREPARE NOW.'
source: 'https://youtube.com/watch?v=2CvJoupkAFE'
video_id: '2CvJoupkAFE'
date: 2026-06-29
duration_sec: 572
---

# Elon is about to Execute SpaceX Phase 2: PREPARE NOW.

> Source: [Elon is about to Execute SpaceX Phase 2: PREPARE NOW.](https://youtube.com/watch?v=2CvJoupkAFE)

## Summary

In this video, Kevin (Meet Kevin) analyzes the recent SpaceX IPO and predicts that SpaceX will acquire Tesla through a stock swap. He interprets an SEC filing about SpaceX acquiring Cursor as a signal that Elon Musk will use SpaceX shares to gain majority control of Tesla and its Optimus robot army.

### Key Points

- **SpaceX IPO Meme Prediction** [0:02] — Kevin predicts SpaceX stock will 'meme up' for the first 15-30 days due to insider lockups, NASDAQ inclusion, option market opening, and Cursor stakeholders receiving shares later.
- **Predicted Valuation and Tesla Takeover** [1:55] — Kevin predicted SpaceX would IPO at ~$2 trillion and reach ~$4 trillion in 90 days, with Elon using SpaceX shares to take Tesla private or swap shares.
- **SEC Filing on Cursor Acquisition** [3:12] — SpaceX files to acquire Cursor for $60 billion in Class A common shares (no super voting rights), based on volume-weighted average price over 7 days before merger close.
- **SpaceX Keeps $85B Cash** [5:23] — SpaceX raised $85 billion (including green shoe option) and will pay Cursor with shares, retaining cash for other uses.
- **Signal for Tesla Acquisition** [6:33] — Kevin interprets the filing as proof Elon will issue SpaceX shares to acquire Tesla, citing earlier CNBC rumors and Elon accidentally calling SpaceX 'Tesla'.
- **SpaceX Nearly $3T, Tesla Down** [8:03] — SpaceX is almost a $3 trillion company (nearly double Tesla's $1.5T), making the swap favorable. Kevin expects a meme rally in SpaceX to buy Tesla low.

### Conclusion

Kevin is confident that the Cursor acquisition filing confirms SpaceX will use its inflated stock to acquire Tesla, giving Elon control over the Optimus robot army. He advises watching for a vote and expects the plan to succeed.

## Transcript

Well, holy smokes, it is happening.
Well, so far everything is lining up
exactly as we would anticipate for
SpaceX to pull off one of the craziest
things ever. And people are going to
lose their minds if this happens, but I
think it will. And honestly, Elon Musk
basically just sent up a hot air balloon
or a big balloon, whatever you call it,
when you send up a signal flare into the
sky there. How about that? We were like,
"Yeah, boys and girls, I'm down to do
this." Literally this morning, we got
news that reiterates
what I think Elon is doing. Holy smokes.
Let's get right into this. I'm me,
Kevin, in case you don't know. We've
been analyzing SpaceX and the prediction
has been that SpaceX is going to meme up
in stock price for the first 15 to 30
days because why? Well, because you
can't have insiders sell because they're
all locked up. You've got NASDAQ
inclusion coming. You just opened up the
option market on it. You've got other
people like the cursor folks who are
about to get paid $60 billion
in SpaceX shares. They're not going to
be able to sell until at bare minimum
sometime later in Q3. and you're at peak
hype for Elon Musk becoming a
trillionaire and honestly a
record-breaking SpaceX IPO with well not
only being the largest IPO ever but also
being the largest IPO with the smallest
freaking float ever like 4% of this
company's is under 5% of this company's
shares are outstanding which makes it
the perfect meme play but what was our
prediction our prediction was that Elon
Musk is going to take over Tesla. In
fact, take a look at this spreadsheet.
This is the spreadsheet we made weeks
ago. We predicted that SpaceX would IPO
at about a $2 trillion valuation and
that within 90 days they would get to
about a $4 trillion valuation. And we
talked a little bit about how
potentially SpaceX could raise money to
take uh Tesla private, but I actually
think it would be a lot easier for
everybody who owns Tesla shares to
basically just get handed SpaceX shares.
You lose your Tesla shares. Now all of a
sudden, X holding holds everything. And
boom, what happens? Elon now has full
control. Elon wants majority control
over Tesla. he would get majority
control over a Tesla, which would mean
he would be in charge of the Optimus
robot army once it actually gets out of
R&D. Now, what's remarkable is we just
got an SEC filing this morning that sets
up the playbook again. And remember,
like two weeks before the IPO, there was
talk inside of the company about SpaceX
acquiring Tesla, which made the news.
And then I'm like, see, this is what
we've been talking about. But it's
coming. It's happening. But watch this
filing literally from today. This is an
SEC filing in AK that was literally
posted today on June 16th. That's today.
Here you've got Space X Technology
Company acquiring Cursor. Okay, we
already knew that was going to happen.
We had that $10 billion risk that if we
didn't end up acquiring Cursor, we would
end up seeing a $10 billion loss over at
SpaceX. But some of that was contract
value anyway for services. Well, today
they're making the announcement that you
know what, we're going to execute our
option. We are going to end up buying
Cursor for $60 billion, which you might
recall that SpaceX happened to just
raise $75 billion at IPO plus the green
shoes. So, just over $85 billion. SpaceX
employees actually wore green shoes at
the uh NASDAQ ringing of the bell. I say
quote unquote because it's a computer
screen as opposed to like an actual bell
that rings like at the New York Stock
Exchange. But anyway, uh the green shoe
option is basically when underwriters
like a Morgan Stanley or whatever have
the option of buying more shares at IPO
price, which they love executing when
the stock goes up. Well, of course, this
meme stock went up because there's
massive momentum here, right? Uh and so
they executed that, which basically
means SpaceX built in another $10
billion of fundraising. So now SpaceX
has $85 billion. And when I first saw
this news, I'm like, "Oh, okay. They're
going to execute the option. They're
going to buy Cursor. They're going to
give Kurser $60 billion of cash.
Wrong. SpaceX is going to keep the $85
billion of cash. And instead, what
they're going to do right here is
they're going to pay cursor class A
common shares, which are the ones that
don't have the voting power that Elon
has, the super voting shares, right? The
B shares. But anyway, based on an
implied equity valuation of $60 billion
for Cursor and they're going to get
shares based on the volume weighted
average closing price over 7 days
immediately prior to the merger closing.
So basically, let's say the merger
closes at the end of August, whatever
SpaceX was trading for on a volume
average basis, volume weighted average
basis over the 7 days before that,
that's what uh people were going to be b
getting their SpaceX shares at. So
whether that's $200 or $175 or $300,
whatever, right? That's the price people
are going to get over at Kurser. Now,
those coaster folks are not able to sell
their SpaceX shares now because they
don't have them yet. But they're about
to get $60 billion of SpaceX shares kind
of, you know, probably at the top of
SpaceX pricing, which is brilliant for
SpaceX, but the cursor people are going
to know that and they're going to want
to be like, you know, might want to
either hedge this or sell some of these
shares. And including insider lockups,
employees, venture capitalists who are
way up on this freaking stock. like, you
know, if you're already up, like my
venture for capital company's up like 5x
on our SpaceX shares. Uh, you know, do
we want to hang out for a 6x? I don't
know, maybe it'll be a 6x that lock up
is uh, you know, is actually available.
But the point is, you've got uh a lot of
people including now cursor getting
these shares and Elon Musk through this
SEC filing just basically said the quiet
part out loud. Hey, if we're going to go
buy another company, we're just going to
issue SpaceX shares. So now put the
pieces of the puzzle together. You know,
four or five weeks ago, Kevin makes a
video and says, "Hey,
Elon wants control of Tesla. We know
that. Wouldn't it be interesting if he
just issued SpaceX shares and acquired
Tesla with SpaceX shares?" Then two
weeks after I made that video, we hear a
CNBC story. Oh, SpaceX is actually
quietly thinking about how they could
acquire Tesla.
Elon also happened to accidentally call
SpaceX Tesla when he was at the JP
Morgan meeting with Jamie Diamond at the
top of the tower. Well, he actually only
showed up virtually. Kind of hilarious.
He was on the TV screen, you know,
zooming in. Uh his mom was at the event,
but anyway, uh he accidentally called
SpaceX Tesla there. If you watch it or
just take my word for it, that's what
happened, which is very interesting. And
now we have this SEC filing showing, oh
yeah, we're buying companies using our
shares because the share price is
memeing. So what's actually happening
right now to SpaceX stock? It is almost
a $3 trillion company. Oh shoot, we
might be closer to a 10x then. Yeah, cuz
we got into this company at like $330
billion, something like that. Maybe it
was 375. I I I the point is there's so
much dilution that's happened. We won't
actually know until we get the shares.
But that's almost a freaking tedagger on
our SP SpaceX shares. So I like seeing
the meme. But I also want to see the
dollar holla in my pocket.
But you can't cuz there's a lock up. But
anyway, I've been very transparent about
all this the whole process. First 15 to
30 days, I expect the meme show for
SpaceX, which is exactly the perfect
time to go buy Tesla, especially since
Tesla's down. See, look at this. Tesla's
literally down on a day. SpaceX is
memeing almost at $3 trillion. SpaceX is
almost two Teslas. Uh Tesla's sitting at
about $1.5 trillion. I've got him at 1.6
on my spreadsheet here. I think this is
happening. So, so far everything is
going according to plan. And the filing
today on Cursor, in my opinion, gives me
more of a reiteration, not less, that
this is going to happen because Elon
Musk wants control of that robot army.
And honestly, people probably gonna vote
to give him that because yes, it would
end up being subject to a vote, but
I I mean, I actually think a lot of
people are going to vote for it. Not
everyone, you know, some people over at
Tesla are going to be, man, this is
crap. I want to keep my Tesla Tesla, my
SpaceX, SpaceX. Yes, some people are
going to say that, but I don't think
it's going to be enough uh for that vote
not to go through that. So, that's my
take. Thank you so much for watching
here. Uh if you want, I'm going to post
some more stories on my Instagram. You
can follow me there. You can follow me
on uh Twitter as well. I try to post on
Instagram at least um daily. And uh
consider subscribing over here. Share
the video if you found it useful and
we'll see you in the next one. Goodbye.
Good luck.
>> Why not advertise these things that you
told us here? I feel like nobody else
knows about this.
>> We'll we'll try a little advertising and
see how it goes.
>> Congratulations, man. You have done so
much. People love you. People look up to
you.
>> Kevin Pra there, financial analyst and
YouTuber. Meet Kevin. Always great to
get your take.