SpaceX Stock Hit $2 Trillion on IPO Day. History Says a $10,000 Investment Will Be Worth This Much in a Year.

SpaceX went public at $1.8 trillion valuation, becoming the largest IPO in history, and surged over 20% on its first trading day to reach $2 trillion. However, historical analysis of the 15 largest U.S. IPOs shows that large IPOs typically decline 33% during their first year. At a valuation of 115 times sales, SpaceX is significantly overvalued compared to other S&P 500 companies, suggesting potential sharp downside risk.