Should You Buy the SpaceX IPO? History Says the Stock Will Make a Big Move in the First Year.

SpaceX is going public at a record $1.77 trillion valuation with a price-to-sales ratio of 92, significantly higher than peers. While the company has innovative technology across space launch, satellite internet, and AI infrastructure, historical data shows the 10 largest U.S. IPO stocks declined an average of 21% in their first year and underperformed the S&P 500 by 99 percentage points long-term. The analyst recommends waiting for more attractive entry points rather than buying at the IPO price.