Prediction: Some SpaceX IPO Investors Are About to Learn an Expensive Lesson
Many investors are excited to buy SpaceX stock, but some might be investing for the wrong reasons.
Prediction: Some SpaceX IPO Investors Are About to Learn an Expensive Lesson
Overview
SpaceX's upcoming initial public offering (IPO) is set to become the largest IPO in market history, with a target valuation of nearly $2 trillion, and there's no shortage of excitement among investors.
Many investors are already buying indirect exposure to SpaceX pre-IPO, hoping to capitalize on the company before it even hits the market. Others are ready to invest the moment it goes public.
Details
While nobody can say exactly what the stock will do in its first few weeks, I predict some investors will be in for a rude, and expensive, awakening.
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.
