SpaceX IPO Could Disappoint Investors Based on Historical Patterns

SpaceX has dominated a lot of business news as the company prepares for a potential initial public offering (IPO) in June. Not only is this a much quicker timeline than most anticipated, but there's also one key reason so many people have their eyes on this IPO: It's projected to be the largest in history.SpaceX is reportedly aiming for a $1.75 trillion valuation, which would make it the ninth-most-valuable public company as of market close on May 16 (ironically, just ahead of Tesla).There's a lot of hype surrounding SpaceX, and many of Elon Musk's core fans will buy into whatever he's selling. Unfortunately, history isn't on SpaceX's side when it comes to post-IPO stock performance.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool