SpaceX Is Down 30% Since Its Stellar Debut. Should You Buy It Now?

SpaceX stock has fallen 30% from its intraday high following its IPO debut, trading below its first-day closing price. Despite raising $86 billion in the IPO, the company announced a $25 billion bond offering, suggesting significant development costs ahead for Starship. With a price-to-sales ratio above 100 and highly speculative business ventures, analysts warn of substantial downside risk and recommend waiting for the dust to settle before investing.