World Business Report

SpaceX eyes take off with over $1 trillion valuation

Apr 2, 2026
Dan Dosa, Polaroid CEO reviving instant photography, talks product, film strategy and scaling. Kerry Leahy, Columbia economist, explains private credit strains, tariff effects and SEC timing for big listings. Dr. Greg Autry, space commercialization expert, analyzes SpaceX valuation, Starlink’s role and implications of a public listing.
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ADVICE

Expect Illiquidity In Private Credit Funds

  • Investors in private credit funds like Blue Owl should expect limited liquidity and withdrawal caps during stress.
  • Kerry Leahy compares selling those loans to trying to sell a house in a hurry and warns retail investors are often locked in.
INSIGHT

Small Credit Failures Can Trigger Big Market Fears

  • Problems at one non-bank credit firm can spark market spillovers even if the firm is small relative to the whole market.
  • Kerry Leahy warns of a 'cockroach' effect where isolated credit stress can trigger broader investor fear and contagion.
INSIGHT

SpaceX IPO Would Reveal Which Lines Actually Make Money

  • SpaceX's IPO would likely cement its dominance across launches, satellites and services rather than just hardware sales.
  • Greg Autry highlights Starlink, launch market share and service offerings as the business lines driving investor interest and growth expectations.
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