news

SpaceX's Mega-IPO Puts Price on FOMO

The SpaceX IPO: A Price on FOMO, a Test for Market Sanity Elon Musk's SpaceX has long been a poster child for disruption. Its upcoming mega IPO, however, is putting a price tag on the fear of missing out.

Estimates suggest the company will be valued between $150 billion and over $200 billion, surpassing some established tech giants.

The question is not whether SpaceX will reach these dizzying heights but how investors will justify assigning such a stratospheric price tag to a private company with no dividends and limited proven track record beyond its high profile space exploration ambitions.

Read the full story

Read on Weekd →