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Markets · Investing · Business
Finance
4 Reasons to Think Twice Before Buying SpaceX Stock Right Now
If you're on the fence about diving into this name in the middle of the hype, this might help you sort out your decision.
Founder and CEO Elon Musk doesn't have nearly as many friendly supporters now as he did when he was first building Tesla.
On Friday, SpaceX(NASDAQ: SPCX) finally completed its well-ballyhooed initial public offering (IPO). You probably weren't one of the lucky few retail investors selected for the initial direct placement of the roughly 20% of these shares specifically earmarked for this crowd. But if you haven't yet, you can always buy it in the open market at the current price.
Details
Before you do so, there are four things you'll want to consider about this company -- and its stock, and its CEO -- that might change your mind.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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