Elon Musk's Space Exploration Technologies (NASDAQ:SPCX), better known as SpaceX, has spent 2026 rewriting Wall Street's record books. Its June 12 initial public offering (IPO) raised $85.7 billion, including the underwriters' overallotment, and valued SpaceX at $1.77 trillion. Both are never-before-seen figures. But SpaceX's history-making moments aren't always beneficial to its investors. While early investors have made a fortune, retail investors may pay the price for this success. Image source: Getty Images.
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