Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'
- Posted on June 13, 2026
- By Business News Today
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- 1 min read
Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'
Uday Kotak described SpaceXs blockbuster IPO as a test for capitalism, questioning whether investors are backing humanitys future or fueling a massive bubble. His remarks came after the companys debut propelled Elon Musk to trillionaire status and lifted SpaceX into the worlds corporate elite.
