🚀 Tomorrow SpaceX goes public - this is the largest IPO in history.
The valuation is $1.77 trillion at a price of $135 per share, with an offering of nearly $75 billion. This is three times the previous record (Alibaba) and immediately makes SpaceX the seventh largest company in the US by market capitalization, surpassing Tesla. Investor demand is at a record high.
In such moments, it's useful to remind yourself of a simple thing: a great company and a successful investment are different things. It all comes down to the price at which you enter.
The history of large IPOs is sobering. The median large IPO lost 31% in the first year and dipped 53% at some point along the way. Even companies that no one doubted were affected.
https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html
