Space X IPO

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Euler
Posts: 27314
Joined: Wed Nov 10, 2010 1:39 pm

I was offered this many times, but it's a no from me. I tend to avoid IPO's as they generally are an exit point for investors, who can offload risk.

OK, lots of potential and stuff but that's a pretty rich valuation and you don't even get equal voting rights.

My guess it there will be a lot of speculative activity on the shares for some time, so who knows where it will settle.

Amazing to have raised so much money $85b I think?
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