Should You Forget the $2 Trillion SpaceX IPO and Buy This $7 Space Stock Instead?

With a targeted valuation of $2 trillion, SpaceX could become the largest IPO in history. As SpaceX's public debut inches closer, investor excitement around the space exploration economy might have just reached a fever pitch.Among the biggest beneficiaries of space stocks in recent months is Virgin Galactic (NYSE: SPCE). Despite the company's operational struggles and persistent cash burn, Virgin Galactic's shares have gone parabolic in recent trading sessions -- rising from roughly $2 to more than $7 (as of June 1).This disconnect between business fundamentals and price action raises important questions about market psychology and the risks that come with momentum investing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool