Elon Musk’s SpaceX is back around 11% above its IPO price — is it safe for investors to jump back in? What the experts say

SpaceX, the privately held aerospace company founded by Elon Musk, has seen its valuation rise significantly, reportedly trading at approximately 11% above its initial public offering (IPO) price. This surge in valuation comes amidst a period of ambitious growth for the company, including ongoing Starship development and a steady cadence of Starlink satellite deployments.

The company's performance is of keen interest to investors not only because of its association with Musk but also due to its disruptive potential in both space exploration and internet services. SpaceX's successes, such as numerous successful crewed and cargo missions to the International Space Station and the burgeoning Starlink satellite internet constellation, have solidified its position as a major player in the aerospace and telecommunications industries.