SpaceX IPO: Will The Stock Skyrocket Or Crash Tomorrow? | Jay Singh
SpaceX is launching the largest IPO in history at a $1.75 trillion valuation, offering 30% of shares to retail investors while burning billions quarterly on AI infrastructure and generating deeply negative free cash flow. The listing grants Elon Musk 82% voting control and raises concerns about unsustainable valuation multiples, with shares trading at nearly 100 times annual sales.