If You'd Invested $10,000 in the SpaceX IPO, Here's How Much You Would Have Now
SpaceX completed a record IPO about three weeks ago.
Overview
Space Exploration Technologies (NASDAQ: SPCX) drew a lot of attention in the weeks leading up to its initial public offering, for many reasons -- from the sheer size of the operation, with SpaceX's goal to become a trillion-dollar company, to the focus on offering shares to retail investors. SpaceX earmarked more than 20% of shares for them, when generally in IPOs, only 5% to 10% go to non-professional investors.
Some investors were also eager to get in on SpaceX for its range of growth businesses -- and to gain exposure to a company led by the ambitious Elon Musk.
Details
So, if you happened to be one of the investors who was able to buy shares at the IPO price of $135, and if you had invested $10,000, how much would that be worth now? Let's find out.
Source
Originally published at www.fool.com.