◆ NeutralSPCX
Here's Why SpaceX's Latest Decision Is a Huge Red Flag for Investors
The Motley Fool·
SpaceX announced a $25 billion bond issue shortly after its IPO, causing stock price to drop from over $200 to $153 per share. The analyst argues this signals poor financial management, as the company could have priced its IPO higher to raise this capital directly, especially given strong demand at $200+ per share and sufficient cash reserves from the $85.7 billion IPO proceeds.
Read Full Article at The Motley Fool →