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Tesla: SpaceX IPO and Model S/X End Spark Retail Buzz

Tesla stock drew significant retail attention on May 20, 2026, as Elon Musk's SpaceX filed for a $1.75 trillion IPO and Tesla confirmed the end of its Model S and X era, pivoting toward robotaxis and energy storage.

  1. SpaceX filed for a record IPO with a $1.75 trillion valuation, drawing attention to Elon Musk's broader empire.

  2. Tesla officially ended production of Model S and X after 14 and 11 years, shifting focus to Full Self-Driving, robotaxis, and Optimus.

  3. TSLA ranked 9th in retail discussion with strong positive sentiment (0.75) and over 9,000 upvotes.

Tesla (

TSLA
$TSLA) was a top-10 ticker on Reddit today, driven by two major developments involving CEO Elon Musk. The stock saw elevated discussion with 1,496 comments and a sentiment score of 0.75, reflecting a predominantly bullish retail outlook.

SpaceX IPO Steals the Spotlight

The biggest catalyst for

TSLA
$TSLA discussion was the news that SpaceX had filed for its long-awaited IPO, aiming to raise $75 billion at a $1.75 trillion valuation. Reports also confirmed that Goldman Sachs was selected as lead underwriter, with BlackRock considering a $5-10 billion investment. While not directly a Tesla event, the IPO reinforces Elon Musk's influence and could redirect some investor capital, a point noted in Reddit commentary.

Retail investors on subreddits like r/wallstreetbets and r/investing discussed the implications for Tesla, with some viewing the SpaceX IPO as a positive signal for Musk's ecosystem and others expressing concern over potential capital outflows.

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End of an Era: Model S and X Discontinued

Adding to the narrative, Tesla confirmed it has ended production of the Model S and Model X after 14 and 11 years. The company is now betting entirely on new growth areas: Full Self-Driving, robotaxis (Cybercab), energy storage, and the Optimus humanoid robot. Analysts remain divided due to Tesla's high valuation (P/E ~370) and execution risks, but retail sentiment on

TSLA
$TSLA remained upbeat, with many seeing the pivot as necessary for long-term growth.

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$TSLA

The discussion around

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$TSLA was also influenced by a Motley Fool article warning investors to avoid Lucid Group, which indirectly highlighted Tesla's competitive position in the EV space. However, no direct Lucid-Tesla comparison dominated the Reddit threads.

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