Forget the SpaceX IPO. This Stock Is a Better Bet for Long-Term Investors.

The article argues that Bloom Energy (BE) is a better long-term investment than the upcoming SpaceX IPO. Bloom Energy manufactures solid oxide fuel cells for onsite power generation and has demonstrated strong financial performance with 130% YoY revenue growth and a move to profitability. While trading at a premium valuation of ~60x forward earnings, the company's growth trajectory and the expanding fuel cell market justify the price for long-term investors. In contrast, SpaceX's IPO is viewed as overhyped, with Morningstar valuing it at roughly half the IPO price, and recent IPOs have historically underperformed after initial enthusiasm fades.