SpaceX: History Shows This 1 Investment Has Outperformed Almost All of the Largest IPOs

SpaceX's IPO valued the company at over $2 trillion, making it the largest IPO in market history. However, historical data shows that 8 of the top 10 largest U.S. IPOs have significantly underperformed the S&P 500 by a median of 127 percentage points. The article suggests that S&P 500 ETFs have proven more lucrative for long-term investors than buying large IPOs on their first trading day.