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SpaceX's IPO valuation hits $1.77T, raising bubble concerns like the 2000 dot-com peak.

Market News
13 Jun 2026
Finbold
View Source
Bearish
pluang ai news

SpaceX completed the largest IPO ever, raising $75 billion and reaching a market cap above $1.77 trillion. Economist Henrik Zeberg warns this valuation, trading at 119 times projected 2026 sales, surpasses the peak price-to-sales ratio of Yahoo during the 2000 dot-com bubble. This suggests SpaceX's stock may be in a bubble, driven by high investor expectations despite its strong revenue growth. The comparison highlights risks of overvaluation similar to the dot-com era's tech frenzy.

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