SpaceX IPO Sparks Debate: Short-Term Drop Likely Despite Long-Term Ambition

SpaceX is going public in what could be the biggest IPO, with a $135 listing and a roughly $1.75 trillion valuation, bypassing traditional price discovery. The offering has strong bank support, but The Motley Fool argues the near-term stock could fall, potentially to about $75 a share in July, given a frothy market, a sky‑high price-to-sales multiple, and slowing revenue growth post-merger. Bulls counter that a vast long-term opportunity—tens of trillions in addressable market—could justify substantial upside over years, despite rough post-IPO analogs like Meta and Uber.