Why SpaceX's IPO is drawing parallels to Facebook's botched attempt 14 years ago (opens original article in a new tab)

SpaceX's IPO saw a significant stock increase but analysts warn of risks similar to past tech IPOs like Facebook's, advising investors to focus on fundamentals.

• SpaceX's IPO saw a 19% stock jump, valuing the company over $2 trillion.
• Analysts caution that SpaceX's high valuation and losses mirror past tech IPOs like Facebook's.
• Investors are advised to focus on fundamentals over initial enthusiasm.