The SpaceX IPO Could Make Thousands of Employees Millionaires -- but Should Retail Investors Buy In?

SpaceX's anticipated $1.8 trillion IPO at $135 per share is expected to make thousands of employees millionaires, with Elon Musk allocating 30% of shares to retail investors. However, the article cautions retail investors by comparing SpaceX's valuation metrics to Facebook's IPO, noting SpaceX trades at a much higher price-to-sales ratio (95 vs. Facebook's 20) despite similar growth rates. The author recommends waiting for post-IPO volatility to settle before investing, citing Facebook's 50% post-IPO decline as a cautionary example.