<div id="readability-page-1">Historic market debut: SpaceX's IPO raised $85.7 billion, the largest in history, with shares jumping more than 25% in two days. Valuation milestone: The surge lifted SpaceX's market cap to $2.5 trillion, surpassing Tesla and trailing only a few tech giants. Investor caution: Analysts warn the valuation is hard to justify given ongoing losses and a price-to-sales ratio above 100.</div>

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<p>SpaceX achieved a historic IPO, raising $85.7 billion and surging its valuation to $2.5 trillion, surpassing Tesla. Despite the record-breaking debut with shares jumping over 25%, analysts express caution, warning that the high valuation is difficult to justify given the company's ongoing losses and a price-to-sales ratio exceeding 100.</p>

SpaceX

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GRANITESHARES 2X LONG SPACEX DAILY ETF

GRANITESHARES 2X SHORT SPACEX DAILY ETF

LEVERAGE SHARES 2X SHORT SPCX DAILY ETF

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Tesla

SpaceX soars to $2.5T valuation after record IPO surge