𝗦𝗽𝗮𝗰𝗲𝗫 𝗜𝗣𝗢 𝗧𝗼 𝗗𝗲𝗯𝘂𝘁 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸 𝗔𝘁 $𝟭.𝟳𝟳 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻

𝗦𝗽𝗮𝗰𝗲𝗫 𝗜𝗣𝗢 𝗧𝗼 𝗗𝗲𝗯𝘂𝘁 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸 𝗔𝘁 $𝟭.𝟳𝟳 𝗧𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻

SpaceX plans to enter the stock market this week. The company expects to raise nearly $75 billion. Analysts value the firm at about $1.77 trillion.

Elon Musk plans to reserve more than 20 percent of IPO shares for retail investors. Most IPOs allocate only 5 to 7 percent to individual buyers. Brokerages expect demand to exceed supply.

Investors and analysts hold divided views on the listing.

• Deen Noory is a 41-year-old fintech entrepreneur. Tesla stock makes up 85 percent of his net worth. He plans to buy SpaceX shares on the first trading day.
• Dave Nadig is a veteran fund analyst. He warns retail investors to avoid trading the stock. He expects extreme volatility after the debut.
• Josh Hill is a sales manager in North Carolina. He will wait for a price drop before buying shares.

SpaceX reported a $4.9 billion loss last year. The company now trades at roughly 93.6 times annual sales. The S&P 500 trades at about 3.3 times sales.

Data shows roughly 25 percent of IPO stocks lose at least half their value within three years.

Critics note private investors captured most gains during the past two decades. They warn retail buyers face peak optimism at the current valuation.