Is It Too Late to Buy SpaceX Stock?

SpaceX, valued at $2.5 trillion following its IPO, faces valuation concerns despite solid revenue growth. Trading at 130x trailing revenue, the company's $18.7 billion in 2025 revenue appears misaligned with its market cap. While Starlink's connectivity division drives growth at 50% YoY, the space and AI segments show weaker performance. The analyst recommends caution, suggesting investors wait for better valuations or keep positions small due to excessive hype.