Is the SpaceX IPO About to Burn Your Retirement Savings?

The Valuation That Defies Gravity Let me read you a riddle. A company loses nearly $5 billion in a single year - 2025. It loses another $4.3 billion in the first three months of 2026. It carries an accumulated deficit of over $41 billion. Its core space operations alone lost $2.9 billion last year. And yet, according to multiple reports, this same company is about to go public at a valuation of…