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Market · Jun 12, 2026, 12:31 PM · 1 source

SpaceX IPO Draws Retail Demand Despite Valuation Skepticism

Small investors rushed to gain access to SpaceX's IPO despite skepticism from market observers about the company's valuation multiples, with some calling the price target overextended.

Secondary trading mechanisms emerged as retail investors sought exposure to the space and satellite infrastructure bet, signaling strong appetite for space/telecom infrastructure plays.

Sources

Everything this brief rests on
  1. 01 Primary source cnbc.com