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After historic IPO, SpaceX faces its first test on wall street (opens original article in a new tab)

TL;DR

After a historic $75 billion IPO, SpaceX started trading on Nasdaq with a $1.77 trillion valuation, facing market scrutiny over its high price. Analysts believe the company's value may be overestimated, and its stock could attract new investors by joining the Nasdaq 100 index.

  • SpaceX began trading on Nasdaq after a $75 billion IPO, valuing the company at $1.77 trillion
  • Analysts estimate a more reasonable value for SpaceX at $780 billion, half of its initial market value
  • SpaceX's stock may be added to the Nasdaq 100 index within a month, potentially attracting new investors

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