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SpaceX Is Worth $2.1 Trillion on Its First Day of Trading. Is That a Problem for Investors?
The Motley Fool·
SpaceX completed its IPO with a $2.1 trillion market cap after a 19% first-day gain, making it one of the world's largest companies. However, the article cautions that despite its massive size, SpaceX remains a money-losing startup heavily investing in space exploration and AI. Investors should view it as a long-term, high-risk bet on Elon Musk's vision rather than a safe investment, with profitability dependent on future success in emerging technologies.
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