Scott Wapner and the Investment Committee are joined by Brad Gerstner, Founder and CEO of Altimeter Capital, to react to the historic SpaceX IPO. They discuss what it means for the market and how they are trading this momentous launch.<br><br>Investment Committee Disclosures<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Biggest IPO Ever: SpaceX 6/12/26

Halftime Report

# Full Transcript

**Podcast:** Halftime Report

## Participants

- **Scott Wapner** (CNBC)
- **Seema Modi** (CNBC)
- **Brad Gerstner** (Altimeter Capital)
- **Stephanie Link** (Hightower Advisors)
- **Malcolm Etheridge** (Wealth Financial Group)
- **Rob Seachin** (Ritholtz Wealth Management)
- **Leslie Picker** (CNBC)
- **Joe Terranova** (CNBC)

## Transcript

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All right, Seema. Thank you very much. That's Seema Modi at the NASDAQ. Our breaking news coverage of the SpaceX IPO does continue now. Welcome to the Halftime Report. I'm Scott Wapner. We're here at Post 9 at the New York Stock Exchange. We're open for business in the biggest IPO ever. Up about 16% right now. We'll track every single move of it. We're here at SpaceX Investor. Altimeter Capital founder and CEO Brad Gerstner is with us here. Stephanie Link is as well.

Malcolm Etheridge and Rob Seach. It's great to have everybody here. It is a momentous day. The timing of this, getting it open before noon, momentous in and of itself. You got a big allocation. Yeah. What do you think you're buying into today? What do you feel like you are? I mean, first, let's just take a moment. First, thanks for having me on. Take a moment to celebrate what an incredible day this is for America, what an incredible day it is for the hard work of the thousands of people at Starbase who've worked to put us back on the top in space.

Remember, when SpaceX got started, right, we didn't even have a shuttle to go to space to pick up our own astronauts. We were paying the Russians to go get our astronauts. Today, we're back on the top in space. I think this is what makes the country great. It's a great moment to celebrate. With that said, yes, we were buyers in the IPO. We were lucky enough to be shareholders ahead of the IPO. I think there's an incredible moment for the company. The numbers that are out there are not layups by any stretch, but hopefully today we can unpack that a little bit, Scott,

because I think they have a real path on both AI hyperscale compute, on X.AI, on launch and the things...

The Biggest IPO Ever: SpaceX 6/12/26

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

The Biggest IPO Ever: SpaceX 6/12/26

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.