The Starry Skies of Wall Street: A Cautionary Tale for SpaceX Investors The euphoria surrounding SpaceX's impending initial public offering (IPO) is palpable.
Many investors are eager to get in on the ground floor of what promises to be one of the largest and most highly anticipated IPOs in recent history. However, a closer look at the numbers reveals a concerning trend.
Over the past 100 IPOs, the average stock has fallen by around 6. 8% from its first day closing price.