Mark Your Calendar: SpaceX Could Be a Very Different Stock After June 12
Some experts warn against participating in the SpaceX IPO.
Mark Your Calendar: SpaceX Could Be a Very Different Stock After June 12
Overview
SpaceX is reportedly targeting an initial public offering on June 12. With the share price targeted at $135, the target valuation is expected to be around $1.77 trillion, with the sale raising up to $75 billion in new capital.
There are ways to buy SpaceX stock today. But the easiest way to gain exposure is simply to buy shares once they become publicly available.
Details
A growing number of experts, however, are warning investors not to participate in the IPO. Instead, they believe the best opportunity to buy SpaceX shares is after the June 12 IPO. And there's one major reason why.
Source
Originally published at www.fool.com.
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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.
