4 Reasons I'm Not Touching SpaceX's IPO
Key takeaways
- Leo Sun, The Motley Fool Thu, June 11, 2026 at 11:39 PM GMT+7 4 min read SPCX NVDA Space X (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, will go public on June 12.
- In 2025, Space X s revenue rose 33% to $18.67 billion.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Leo Sun, The Motley Fool Thu, June 11, 2026 at 11:39 PM GMT+7 4 min read SPCX NVDA Space X (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, will go public on June 12. It aims to raise $75 billion at a valuation of $1.77 trillion, making it the largest IPO in history. It s also reportedly more than four times oversubscribed. That s a lot of pent-up demand, but I wouldn t touch it for four simple reasons.
In 2025, Space X s revenue rose 33% to $18.67 billion. At its target IPO valuation, it would debut at 95 times last year s sales. Therefore, it could easily start trading at over 100 times sales.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »