Warns against SpaceX fever: – Even Warren Buffett stays away
Ahead of the long-awaited IPO, expectations were sky-high. The company aimed to raise up to $86 billion in fresh capital, with an expected market value of around $1,800 billion. The stock opened at $150 per share, which is an increase of 11 percent from the issue price of $135. Shortly after opening, the price shot up to around $163. With this increase of 20 percent, the company's tot…
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Warns against SpaceX fever: – Even Warren Buffett stays away
Ahead of the long-awaited IPO, expectations were sky-high. The company aimed to raise up to $86 billion in fresh capital, with an expected market value of around $1,800 billion. The stock opened at $150 per share, which is an increase of 11 percent from the issue price of $135. Shortly after opening, the price shot up to around $163. With this increase of 20 percent, the company's tot…