New Delhi, June 12 -- Shares of Elon Musk's SpaceX made a strong debut on Nasdaq on Friday, 12 June, listing at $150 apiece, an 11% premium to its issue price of $135. The listing marked Wall Street's largest public offering and valued the rocket maker at roughly $1.96 trillion. Although the stock opened below Wall Street expectations, it soon gained momentum and climbed to $164, delivering a return of nearly 20% over the IPO price.

While the strong debut has heightened investor interest in the company, experts who spoke to CNBC cautioned against chasing newly listed stocks solely due to the hype of an IPO. They told the publication that newly public companies are often unprofitable in the early period and buying such individual stocks i...