Is the SpaceX IPO Officially Overhyped?
Space Exploration Technologies‘ (SPCX 0.97%) (SpaceX) initial public offering (IPO) was undoubtedly the most hyped IPO in recent stock market memory. It didn’t disappoint, either, setting the record for the largest IPO in stock market history, with an initial valuation of around $1.77 trillion. Now, it’s valued at over $2.1 trillion as of market close…