History Offers a $974 Billion Warning Ahead of the Game-Changing SpaceX IPO

SpaceX is set to go public on June 12, 2026, at $135 per share with a $1.77 trillion valuation. While structural factors like fast-tracked index inclusion and low float could boost the stock initially, historical data shows that 30 major tech IPOs over 14 years experienced an average 55% drawdown in their first year, suggesting investors should be cautious about chasing the IPO hype.