Space Exploration Technologies (NASDAQ:SPCX) Faces Valuation Scrutiny Post-Historic IPOSpace Exploration Technologies (NASDAQ:SPCX) made history with its record-breaking IPO and maintains a dominant position in the rocket launch market.KeyBanc initiated a "Sector Weight" rating on the aerospace stock, suggesting its performance will align with industry averages.Despite market leadership, significant valuation concerns persist, with analysts highlighting a high market capitalization relative to revenues and ...