Elon Musk’s SpaceX is due to go public next week. In effect, this means it will go from being a privately-held company owned by Musk and a number of friends and colleagues to being a publicly-tradable company which you, yes you, can buy stocks in too. There’s a real risk that SpaceX might be massively, massively over valued, meaning retail investors (and retirement funds) might end up being forced to buy a stock which rapidly loses value.
The Slow Newsroom
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