Elon Musk's SpaceX is just days from a historic stock market debut set to break all norms, drawing feverish excitement from Wall Street's financial wizards even as skeptics question whether the rocket maker can ever turn a profit.

Quick ReadCarol Schleif warns XLK's 27% and QQQ's 16% April surge reflects crowded positioning, making both vulnerable to SpaceX IPO-driven profit-taking.All 11 S&P sectors posted revenue growth last quarter,

OpenAI files for US IPO after Anthropic as AI giants head to public markets

SpaceX will go public this week in what's expected to be a historic IPO. It's small "free float" could prompt outsize volatility when trading begins.

Bankers are taking in hundreds of billions in orders for the $75 billion in stock SpaceX plans to sell this week.

SpaceX sought to raise at least $75 billion. Investor demand is supposedly over three times that. This points to a potential pop on the company's first day of trading. However, it's not a guarantee. Trying to predict near-term investor psychology is a dangerous game.

SpaceX is gearing up for the largest IPO in history, targeting a valuation of nearly $1.8 trillion. While the SpaceX offering price of $135 looks accessible, history suggests shares will open much higher.

Wall Street’s major market averages hand back earlier gains and now trade lower on Tuesday as the tech space slides.