SpaceX IPO draws record Wall Street fanfare, but valuation math gives analysts pause

SpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near $1.75 trillion.  With more than 555 million Class A shares set to be listed at $135 each, with the aim of raising roughly $75 billion, there’s not a shortage of opinions on whether investors should...