SpaceX IPO Could Be the Biggest Retail Investor Trap Yet

1 min read
Source: Yahoo Finance
SpaceX IPO Could Be the Biggest Retail Investor Trap Yet
Photo: Yahoo Finance
TL;DR

The Motley Fool warns SpaceX's highly anticipated IPO could become the largest trap for retail investors, citing a target valuation around $1.8 trillion and a sky-high P/S ratio (~96); coupled with Nasdaq and other index-fast-entry moves that would push passive funds to buy and a thin float that enables early insider selling, the setup mirrors past mega-IPOs that saw sharp post-debut declines, making the hype a warning to cautious investors.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance