r/stockmarket
SpaceX IPO is incredible… but am I the only one feeling a bit uneasy?
Author questions SpaceX's $2T+ IPO valuation, citing massive losses and retail FOMO, choosing to stay on the sidelines.
- SpaceX is an impressive company with reusable rockets and Starlink shaping the future of space.
- It could potentially become the next Nvidia, making early buyers look like geniuses.
- At a $2+ trillion valuation, future success is likely already priced in.
- The company is still investing aggressively and reportedly losing billions annually.
- The current rally might just be peak FOMO from retail investors finally getting access.
As a retail investor, today felt like one of those “you’ll remember where you were” market moments.
SpaceX raised $75 billion in the biggest IPO ever, closed its first day with a valuation above $2 trillion, and officially made Elon Musk the world’s first trillionaire. The stock finished nearly 20% above its IPO price.
Don’t get me wrong, I think SpaceX is one of the most impressive companies ever built. Reusable rockets, Starlink, and a genuine chance of shaping the future of space.
But here’s what I’m struggling with:
At a $2+ trillion valuation, how much future success is already priced in?
The company is still investing aggressively and reportedly losing billions annually while investors are valuing it alongside the largest companies on Earth.
Maybe this becomes the next Nvidia and today’s buyers look like geniuses.
Or maybe we’re seeing peak FOMO because retail investors finally got access to a company they’ve wanted to own for years.
I am staying on the sidelines for now and letting the dust settle.
Are you buying SPCX after day one, waiting for a pullback, or avoiding it entirely?