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SpaceX might be amazing company & terrible IPO at once.
Of course, that does not mean SpaceX is a bad company.
It just means the easy money was probably made before retail even got the invite.
VCs bought the rocket, while the retail may now be buying the landing pad ??????
Yes, SpaceX has Starlink, launch dominance, AI upside, and one of the strongest brands on & off Earth.
But even the best companies can become a bad investment at the wrong price.
"Price is what you pay, value is what you get." - Warren Buffett
P.S. check out a Deep Dive Into SpaceX IPO: Why the Biggest Listing in History Might Be Uninvestable at $1.75 Trillion ????: https://lnkd.in/dKqyR7kw