The hype over AI seems endless, and investors are salivating at the opportunity to finally buy shares of some of the biggest names in the industry. But as Anthropic and OpenAI prepare to go public, and as SpaceX stock struggles after a historic initial public offering, there is reason for investors to tread carefully, says
In the face of SpaceX’s historic IPO, the comments from skeptics were strong. Some criticized the company’s initial valuation as too high. Others opposed what they considered fantastic ideas that would take decades to realize. Another popular narrative was that retail investors, who were granted a larger share of shares than usual, would be left
SpaceX stock has struggled after a brief burst of post-IPO enthusiasm, and bears are taking a moment to reiterate their bearish views on the stock. A month after a historic initial public offering, SpaceX shares fell below the initial offering price of $135 on Wednesday, marking a 40% drop from its high of around $225.
SpaceX shares fell below their IPO price of $135 for the first time since the company’s successful public debut in June. On Wednesday, SpaceX shares fell to a low of $132.15 before recovering some of that loss to end the day just above its IPO threshold of $135.28. The latest drop marks a 40% drop
IQM, a full-stack quantum company from Finland, went public on the Nasdaq on Thursday via a SPAC merger at a valuation of around $1.9 billion. But stock prices did not rise. They spent most of the day below the IPO price – a lukewarm welcome. SPAC mergers don’t tend to be immediately popular with retail
There’s been lots of chatter in recent weeks about the mega IPOs expected to come to market this year — first among them being SpaceX, which is set to go public in June. Is this a movie we’ve seen before? The last time there was this much hype around IPOs was during the 2021 SPAC