47 days after SpaceX's record-breaking $75 billion IPO — the largest in history — Simon Erickson and Heather Horton dig into whether the stock is a buy now that shares have pulled back from their post-IPO highs. Learn about SpaceX's origin story, Elon Musk's Mars mission, and how the company slashed launch costs from over $18,000 per kilogram down to under $1,000. Simon breaks down SpaceX's three business divisions — Space, AI (xAI/Grok), and Connectivity (Starlink) — and explains why a 75x trailing revenue valuation, upcoming lockup expirations, and the $60 billion Cursor AI acquisition make this a "buyer beware" situation for investors.🔗 Free 7investing trial: https://7investing.com/subscribeThis is Part 1 of a multi-part SpaceX series on 7investing Live, streaming every Monday, Wednesday, and Friday at 10 AM ET.Stocks MentionedPublicly Traded:Tesla (NASDAQ:TSLA)NVIDIA (NASDAQ:NVDA) — mentioned re: GPUs powering SpaceX's data centersAT&T (NYSE:T) — mentioned as a Starlink alternativeVerizon (NYSE:VZ) — mentioned as a Starlink alternativeSpaceX (NASDAQ: SPCX)Private/Not Publicly Traded:xAI (SpaceX division)Starlink (SpaceX division)Cursor AI (acquired by SpaceX)AnthropicOpenAIChaptersTime Chapter0:50 Welcome to 7investing Live2:21 SpaceX's Record $75B IPO4:44 SpaceX's Origin Story & Elon's Mars Mission6:51 How SpaceX Slashed Launch Costs9:57 Why SpaceX Isn't Just About Profit10:32 SpaceX's Three Business Divisions12:25 Space Division: Rockets & Launches13:42 AI Division: xAI, Grok & the Colossus Data Center15:42 Connectivity Division: Starlink17:45 Buyer Beware: Is SpaceX Overvalued?18:41 Lockup Expirations Explained19:34 Elon's Voting Power & the Tesla Comparison20:12 The $60B Cursor AI Acquisition22:33 SpaceX's Massive Capital Expenditures27:12 What's Next: Part 2 Preview#7investing #SimonErickson #SpaceX #ElonMusk #Starlink #xAI #IPOStocks #StockMarket #SpaceStocks #InvestingTips