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SpaceX Stock Makes History! Should You Buy the Hype?

SpaceX recently IPO'd at a $1.8 trillion market cap, with its stock price increasing by about 20% on the first day and continuing to rise in after-market hours. The creator discusses the company's valuation, noting that it's trading at approximately 115 times sales, which is considered extremely expensive. The company generated $18.7 billion in revenue in 2025 but lost $2.6 billion in operating income and has high capital expenditures.

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Tesla is mentioned as another Elon Musk company that was already considered expensive at 15.7 times sales, serving as a comparison point for SpaceX's even higher valuation.

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