SpaceX Stock Could Soar to $5 Trillion on IPO Day, According to a Wall Street Expert

SpaceX is set to IPO on June 12 at $135/share with a $1.77 trillion valuation. CNBC's Jim Cramer predicts the stock could reach $5 trillion (180% upside) due to massive demand and limited float. However, the IPO could pressure the broader market as investors sell other stocks to raise capital. Long-term, SpaceX's 92x price-to-sales ratio is unsustainable, and Morningstar values it 56% lower at $780 billion.