SpaceYahoo Financeabout 4 hours ago
SpaceX IPO: 3 Buy Reasons, 2 Wait Reasons
1 min read
SpaceX, owned by Elon Musk, will go public on Friday, June 12. The company owns X, Grok, Starlink, and is developing a microchip business. Hype could drive initial gains, but not indefinitely. SpaceX is not technically profitable but generates positive cash flow from operations. Investing outlays must be curbed for fiscal viability.
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