SpaceX Stock Faces Investor Divide as IPO Surge Raises Doubts About Doubling by 2027
SpaceX’s jump to public markets has shifted the conversation from private valuations to a live ticker: can the stock double by end-2027? The math says maybe, but it’s a stretch. Reuters said SpaceX shares surged 19% on their Nasdaq open Friday, closing at $160.95 after a $75 billion IPO, the biggest ever. That set the company’s value at about $2.1 trillion. To double, the price tag would need to hit nearly $4.2 trillion in about 18 months.
