Analyst: Investors Should Avoid SpaceX’s IPO, as Its Valuation Is Overinflated and Most of the Proceeds Will Be Used to Repay Debt

2026-05-29 15:03 Source： fortune.com Event types： Financing/Fundraising 、 Marketing/Whale

According to Fortune, David Trainer, CEO of research firm New Constructs, stated that investors should avoid participating in SpaceX’s initial public offering (IPO), arguing that its estimated valuation of approximately $1.75 trillion is clearly excessive.