SpaceX Stock Soared on Day One. Is the Stock a Buy at $2 Trillion?
SpaceX isn't the only way to invest in space and AI -- or even necessarily the best way.
SpaceX Stock Soared on Day One. Is the Stock a Buy at $2 Trillion?
Overview
Space Exploration Technologies (NASDAQ: SPCX) stock recorded its first trade as a public company at $150 a share -- $15 above the official IPO price that many investors never actually got a chance to pay. Closing above $160 on that first day, only a lucky few actually managed to buy at the IPO price and book the "official" 19% profit on Day One.
And that's fine.
Details
If you didn't get a chance to buy until Day Two, there was still another 20% profit waiting for you.
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.
