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SpaceX Has Climbed 15% From Its IPO Price. Here’s Where History Says It Will Be After 1 Year.
The Motley Fool·
SpaceX completed the largest IPO ever four months ago, raising over $85 billion with a trillion-dollar valuation. The stock has climbed 15% from its $135 IPO price after initially surging 50%. Historical analysis of major IPOs suggests SpaceX could experience a double-digit decline within its first year of trading, though the company is delivering strong growth in its Starlink connectivity business and making progress with its Starship rocket program.
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