Tesla investor Gary Black is skeptical of investing in SpaceX's IPO due to its high valuation and potential oversubscription.

Elon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street analysts. SpaceX's potential lies in…

SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.