🚀 Is the SpaceX IPO a scam? Mom explains the valuation, how Elon is using this to pay back his Twitter investors, and what you need to know before investing in the SpaceX IPO. #stockmarket #stockstobuy #economy #TikTokCreatorSearchInsightsIncentive
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🚀 Is the SpaceX IPO a scam? Mom explains the valuation, how Elon is using this to pay back his Twitter investors, and what you need to know before investing in the SpaceX IPO. #stockmarket #stockstobuy #economy #TikTokCreatorSearchInsightsIncentive
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Here’s why I am not buying the SpaceX IPO SpaceX is expected to IPO on June 12th at a valuation of $1.75 trillion marking it the largest IPO In history. It’ll be the 9th largest company right out the gate It trades at a 94x price to sales ratio which is the highest amongst any blue chip company While also losing $5 billion I believe it’s mostly just hype. Thats not to say it cant go up after going public. I just cant justify the valuation Send this to a friend who is interested in SpaceX
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