It’s almost here.
Assuming nothing changes in the meantime, the stock market’s biggest-ever public offering will happen on Friday, valuing — at least initially — SpaceX (NASDAQ: SPCX) at a whopping $1.77 trillion
The question is: Should you try to participate in the actual public offering, or even step in after it begins trading on an exchange at what’s sure to be a measurably higher price than the IPO price of $135 per share? Here’s what you need to know. The SpaceX IPO in a nutshell While you likely know it as Elon Musk’s space-launch company, the arguably outrageous valuation of $1.77 trillion makes a little more sense when you also know that this company also owns satellite-based internet service Starlink, an artificial intelligence platform — the one behind Grok, available at X (formerly Twitter, which SpaceX also owns) — and an up-and-coming chipmaker.
These aren’t just marketable products or services. All of these are high-growth industries, and likely will be for a while. You could certainly do worse.