I see this SpaceX IPO as “The Frontier,” but with clear valuation risk. A $1.25–$1.75 trillion range already prices in strong execution across Starlink and future growth. The platform shift is compelling, but expectations are extremely high, so I won’t chase hype at listing. I’d rather miss the first leg than buy into peak optimism. I prefer indirect exposure over paying IPO premiums. Options like ARK Space Exploration & Innovation ETF $ARK Space Exploration & Innovation ETF(ARKX)$ or Destiny Tech100 Inc $Destiny Tech100 Inc(DXYZ)$ offer access, but I’m cautious—especially with Fundrise Innovation Fund LLC trading far above NAV. I’d rather avoid overpaying. Valuation discipline matters more tha