◆ NeutralSPCXUBER
SpaceX Fell Below Its Debut Price. History Says a $10,000 Investment Will be Worth This Much in a Year.
The Motley Fool·
SpaceX completed a historic $85 billion IPO and surged 50% to $225 in early trading, but has since fallen below its $150 debut price. Historical analysis of major IPOs shows that 8 out of 10 major IPOs declined in their first year, with an average drop of 12%. Applying this trend to SpaceX suggests a $10,000 investment could be worth approximately $8,800 after 12 months, though the company's ambitious growth businesses in rockets, satellite internet, and AI could potentially break this historical pattern.
Read Full Article at The Motley Fool →