SpaceX Is the 5th Most Valuable Public Company in the World. Can It Overtake Nvidia, Alphabet, Apple, or Microsoft?
The largest IPO in history has continued to grow in the following days.
SpaceX Is the 5th Most Valuable Public Company in the World. Can It Overtake Nvidia, Alphabet, Apple, or Microsoft?
Overview
In the three trading days from its June 12 initial public offering (IPO) to June 16, Space Exploration Technologies (NASDAQ: SPCX), or SpaceX, became the world's fifth-most-valuable company, surpassing heavyweights such as Amazon and Taiwan Semiconductor Manufacturing.
There has been a lot of momentum behind SpaceX's stock since its IPO, but can it continue and surpass Nvidia, Alphabet, Apple, and Microsoft? One is much more likely to happen than the other three, but that doesn't make it a no-brainer investment right now.
Details
Source
Originally published at www.fool.com.
Related Articles
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.
