Should You Buy SpaceX on Its First Day of Trading?

SpaceX is set to launch its IPO as early as June 12 with a valuation potentially reaching $1.7 trillion. While the company offers exciting growth prospects through its diversified businesses (rockets, Starlink, and AI), the analyst recommends waiting to buy rather than purchasing on IPO day, citing high current valuations and the likelihood of better entry points after the initial trading surge.