Buy SpaceX Stock on Day 1 -- But Only if You Can Answer These 3 Questions
You're familiar with the company's premise and the stock's past and projected valuation. Now it's time to look at it and the IPO through a more philosophical lens.
Buy SpaceX Stock on Day 1 -- But Only if You Can Answer These 3 Questions
Overview
It's finally here. In fact, by the time you're reading this, the long-awaited and much-ballyhooed initial public offering (IPO) of SpaceX (NASDAQ: SPCX) shares may be complete, with the stock now trading on the Nasdaq exchange. At what price it's trading is anyone's guess.
There's the rub, of course. It's statistically unlikely that you will be -- or were -- one of the lucky few retail investors able to participate in the actual IPO. That means your only option is to buy it on the open market, at the market price.
Details
If you feel like you just have to, by all means, do so. Just make sure you're willing and able to honestly answer "yes" to these three questions first.
Source
Originally published at www.fool.com.
