SpaceX Achieves Historic IPO
SpaceX (NASDAQ: SPCX) went public on June 12 with a record-breaking valuation of $1.77 trillion, currently valued at $2.59 trillion, making it the world’s fourth-most-valuable company. This valuation represents a trading multiple of 139 times its 2025 revenue, despite the company’s unprofitability outside its Starlink division, which is currently profitable. Due to planned investments in its space and AI sectors, SpaceX is expected to remain in the red for the foreseeable future.
Before the IPO, notable AI stocks like Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO)experienced growth of approximately 1,060% and 750%, respectively, over the past five years. However, both stocks have declined by 7% and 8%
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