"SpaceX plans to go public within the next few months at an astronomical valuation of $1.75 trillion, making it the biggest IPO stock ever."
"Meta Platforms went public in May 2014 with a market cap of around $81 billion, but its share price plunged more than 50% shortly after."
"In hindsight, any worries about Facebook's IPO seem silly as it went on to generate billions in mobile advertising revenue, commanding a daily audience of 3.58 billion."
"Arm Holdings had a successful IPO in September 2023 at a market cap of $54.5 billion, with its stock finishing the year up 47% despite volatility."
SpaceX is preparing for an IPO with a projected valuation of $1.75 trillion, which would surpass Alibaba's previous record of $169 billion. The article compares SpaceX's potential IPO to past significant IPOs, such as Meta Platforms and Arm Holdings. Meta, initially viewed as overpriced, ultimately thrived, generating substantial revenue and achieving a lifetime return of approximately 1,640%. Arm Holdings had a successful IPO in September 2023, with its stock rising 47% by year-end despite volatility.
Read at Yahoo Finance
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