SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong investor demand, heavy trading volumes and retail enthusiasm boosted Elon Musk’s fortune, despite the company remaining loss-making and heavily growth-driven.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain