Episode Details

SpaceX just had the biggest IPO ever, with its stock rocketing up — but now it’s down 22% from its peak. History shows this pattern: big IPOs often surge on day one, then drop sharply. Since 2006, the average mega-IPO lost 50% in its first year — Tesla and Meta are prime examples. SpaceX’s current valuation? Over $2 trillion on just $18.7 billion in revenue — a steep price. While its upcoming addition to the Nasdaq-100 could spark more buying, expiring insider lock-ups may flood the market with shares, pushing prices lower. The hype is real, but the road ahead? Bumpy.

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