Caplight

8/ There's no comp for this. You're pricing optionality on Musk consolidating rockets, satellites, AI, social media, energy, and robotics into one vehicle. We're tracking it in real-time at @CaplightData . Get in touch if you want the data.

1/ If you're buying SpaceX in the pre-IPO market right now, what are you actually pricing in? Shares are being bid at a $900B valuation (per @CaplightData). That's up from $800B just last month. But now there's merger speculation with xAI, Tesla, or both ahead of a 2026 IPO. 👇

Sources: Mega round source: news.crunchbase.com/venture/fundin… IPO window: dfinsolutions.com/knowledge-hub/…, site.warrington.ufl.edu/ritter/files/I… caplight.com/insights

1/ 2025 was the strongest VC secondary market since 2021. 🚀 Caplight Top 20 returned 148% in 2025. The Nasdaq 100? Just 20%. Here's what's actually driving private markets and why it matters for 2026 👇

🚀 The $2T pre-IPO market is on the blockchain 🚀 Caplight is thrilled to see @injective launch the world's first perpetual futures on private Unicorn companies, powered by Caplight's secondary market data.

@injective Let's go!! Excited to partner with @injective and @sedaprotocol to revolutionize private markets

Injective is revolutionizing finance once again. Introducing, onchain Pre-IPO markets. For the first time ever, anyone can trade major private companies like OpenAI on $INJ with leverage. Unlike other Pre-IPO solutions from Robinhood and others, Injective’s Pre-IPO perps are built different: ✅ Programmable ✅ Composable ✅ Leverage ✅ Capital Efficient ✅ 100% Onchain The $2 trillion Pre-IPO market is being brought onchain with data from @sedaprotocol and @caplightdata. We are starting off with access to Pre-IPO shares of OpenAI via major Injective apps such as @HelixMarkets with many new companies becoming available over the course of October. This is only the beginning. Injective will bring every single financial market onchain. The blockchain built for finance. For everyone, everywhere. Join the revolution on Injective today. 🥷

Junior VCs: you’re spending 1,000+ hours a year sourcing. 🤯 Most of that time? Noise. Caplight 2.0 (beta) changes that. Our AI sourcing engine and private market data help you qualify companies in minutes, not weeks. Request early access: platform.caplight.com/schedule-demo

Plaid's ~10x rev. multiple is a slight premium to public comps and the ARK Fintech Innovation ETF, likely due to Plaid's revenue growth (20% YoY vs 7% average for comps). See more public comps benchmarking on Caplight: platform.caplight.com/signup x.com/pitdesi/status…