SpaceX – The largest IPO in history electrifies me as a century-defining vision story, but the ambitious valuation demands strong nerves!

I have to admit: What SpaceX is delivering here is something I haven't seen before. With around $75 billion, it is the largest IPO of all time, the stock shoots up significantly on the first trading day, the market value breaks the $2 trillion mark and makes the company the sixth most valuable US firm – Elon Musk thereby rises to become the richest person in the world. The story behind it is brilliant: reusable launch vehicles like Falcon 9 and the spacecraft Starship, but especially the satellite internet service Starlink, which according to...