SpaceX stock performance may indicate investor risk appetite
The S&P 500 has gained around 9% as of June 12, with a 94% rise since 2023.
The index’s performance may depend on multiple factors, including the valuation of newly IPOed companies like SpaceX.
SpaceX’s valuation is north of $2.1 trillion, making it one of the most valuable companies in the world, and its stock performance this week may weigh on the market.