Bank analyst Ipek Ozkardeskaya said SpaceX’s post-IPO surge signals the tech rally may be entering bubble territory. SpaceX closed Tuesday as the world’s fifth-largest company by market value after its $135 IPO price climbed about 50%. Ozkardeskaya n

2026-06-17

Bank analyst Ipek Ozkardeskaya said SpaceX’s post-IPO surge signals the tech rally may be entering bubble territory. SpaceX closed Tuesday as the world’s fifth-largest company by market value after its $135 IPO price climbed about 50%. Ozkardeskaya noted SpaceX gave no profit guidance for the year and its space-infrastructure plans remain uncertain, and said the stock could be the clearest warning that current tech valuations are becoming unreasonable.