SpaceX Had the Biggest IPO in History. That Doesn't Mean You Should Buy the Stock.
Key takeaways
- Space X s $75 billion raise was almost triple that of Saudi Aramco s previous IPO record.
- That s all exciting, but neither the hype nor the size of its IPO is a good reason on its own to buy SpaceX.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
Emma Newbery, The Motley Fool Wed, June 17, 2026 at 11:48 PM GMT+7 4 min read SPCX 2222.SR Space Exploration Technologies (NASDAQ: SPCX) initial public offering (IPO) last week didn t just break records; it blew them out of the water. Space X s $75 billion raise was almost triple that of Saudi Aramco s previous IPO record. Space X soared almost 20% on its first day of trading from the pre-IPO price, taking the company s market cap past $2 trillion and making it one of the 10 largest publicly traded U.S. companies.
That s all exciting, but neither the hype nor the size of its IPO is a good reason on its own to buy SpaceX. You might buy shares if you think founder and CEO Elon Musk can deliver an interplanetary reality. Or you might think SpaceX is overvalued and decide to pass or wait for the company to deliver more concrete results.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »