Count down to SpaceX IPO begins
Rising energy prices, hotter inflation and a tech-led market selloff may leave some space in the headlines to the upcoming SpaceX IPO, the largest in history. With a valuation approaching $1.8 trillion and demand reportedly more than four times oversubscribed, SpaceX is set to become one of the world's most valuable companies from day one.
But can the stock live up to the hype?
Will we see a massive buying frenzy or a classic "buy the rumour, sell the fact" event that triggers profit-taking across space and other technology stocks. And in the longer run, how valuation concerns, liquidity risks,...