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SpaceX’s IPO: Promise vs Reality | Business and Finance News
Description
SpaceX just shattered records with the largest IPO ever, raising $85.7 billion—but history warns that hype-driven, late-stage debuts often struggle in the months ahead. While the stock surged on day one, past giants show IPOs frequently underperform over time, especially when growth has already peaked before going public. With massive insider share unlocks looming—including a doubling of available shares in August—the market may face downward pressure, making immediate investment in SpaceX’s stock a risky bet despite the dazzling debut.
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