There are six stocks that hedge funds and mutual funds are both overweight — and SpaceX is one
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both short-term-focused hedge-fund managers and more long-term-oriented mutual-fund managers.
The top 3
- The Three Most Valuable Private Companies: As of July 2026, the most valuable private companies are Anthropic ($965 billion), OpenAI ($852 billion), and SpaceX ($1.25 trillion after xAI acquisition).
- SpaceX's Rapid Valuation Growth Trajectory: SpaceX's valuation surged from $350 billion in December 2024 to $1.25 trillion in February 2026 after acquiring xAI, with a target IPO valuation of $1.75 trillion.
- Record-Breaking Private Funding Rounds: OpenAI secured the largest private funding in history with $122 billion in March 2026, followed by Anthropic's $65 billion round in 2026, demonstrating massive investor confidence in frontier AI.
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