Big day for the stock market as SpaceX makes its debut on NASDAQ. The company is raising a massive $75 billion, offering shares at $135 each, with an overall valuation of $1.77 trillion.
SpaceX is one of the most exciting companies with retails, but that’s exactly what makes this IPO interesting. Everyone knows it’s a great company. The real question is whether it’s a great investment at this price. When expectations are already sky high, investors aren’t just betting on rockets they’re betting that SpaceX can keep exceeding those expectations for years to come.
