AIThe Motley Fool1 day ago
Why One Investor Plans to Skip SpaceX IPO
1 min read
SpaceX plans to raise $75 billion in its IPO, valuing the company at nearly $1.8 trillion. Revenue surged 33% last year to $18.7 billion, but the company posted a $4.9 billion net loss. The author plans to wait due to the sky-high valuation of nearly 100 times sales.
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