SpaceX has set a target price of $135 per share for its upcoming IPO, aiming to raise a staggering $75 billion at a valuation of nearly $1.8 trillion. Analysts express concerns, suggesting the company may be overvalued by as much as 50%, with some estimating its true worth at around $780 billion. As preparations intensify for what could become the largest IPO in history, investors are weighing the risks, including market dynamics and the potential impact on the tech sector. The IPO not only has the potential to make Elon Musk the world’s first trillionaire but also raises questions about the sustainability of such valuations.