Elon taking SpaceX public @$77…He is a visionary, so I wonder if he is feeling tough time ahead and planning to cash out some at this point. No idea about the valuation, but the company is too dependent on governments! A recession means, no government spending on non emergency matters, that include space research also.
Even if SpaceX is a good company, we should be able to buy it below $50 in few months after its public offering.... this is just my view.