◆ NeutralSPCX
SpaceX Is Skyrocketing on Its IPO Day -- Is the Stock a Buy Right Now?
The Motley Fool·
SpaceX completed its IPO on June 12, 2026, with shares surging 23% from the $135 IPO price to around $160 by mid-day trading. The company's market capitalization reached approximately $2.17 trillion. However, the analyst cautions that at 116x sales, the stock's valuation is heavily dependent on future growth and appears risky at current levels, suggesting investors wait for better entry points.
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