The stock market loves a hot IPO story, and few potential public offerings have generated more anticipation than SpaceX. Reports that Elon Musk’s private space giant could file to go public within weeks — possibly at a valuation approaching $2 trillion — have investors dreaming about the next great wealth-building stock.
You can't blame them. SpaceX dominates commercial launches, owns the Starlink satellite network, and sits at the center of the modern space economy. But the reality is chasing big IPO hype often doesn't work out very well.
