Three days after going public, #SpaceX is already trading 55% above its $135 initial public offering price.
But as investors learned during the meme stock era and the 2021 crypto cycle, valuations can move much further than expected when prices are untethered from pure fundamentals.
Perhaps what makes the SpaceX meme stock different is the tiny number of shares that are available to trade compared to the demand. Only 555.6 million shares were sold in last week’s #IPO, representing about 5% of SpaceX’s total outstanding stock.
But there might be some genuine news affecting its price too. On Tuesday, SpaceX announced it had entered into a formal agreement to acquire AI startup #Cursor in an all-stock deal valued at $60 billion.
But as investors learned during the meme stock era and the 2021 crypto cycle, valuations can move much further than expected when prices are untethered from pure fundamentals.
Perhaps what makes the SpaceX meme stock different is the tiny number of shares that are available to trade compared to the demand. Only 555.6 million shares were sold in last week’s #IPO, representing about 5% of SpaceX’s total outstanding stock.
But there might be some genuine news affecting its price too. On Tuesday, SpaceX announced it had entered into a formal agreement to acquire AI startup #Cursor in an all-stock deal valued at $60 billion.
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Investing in complex securities involves risk. You may lose some or all of your invested capital.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.