The Conversation U.S.SpaceX is going public — but don’t expect Amazon- or Apple-level gains. Today’s IPOs are often a payout moment for insiders, not the start of major value creation for public investors, according to a scholar who analyzed over 1,000 listings.
https://theconversation.com/spacex-and-openai-ipos-are-unlikely-to-bring-skyrocketing-returns-that-amazon-and-apple-did-as-companies-go-public-later-in-life-and-early-investors-cash-out-276147
https://theconversation.com/spacex-and-openai-ipos-are-unlikely-to-bring-skyrocketing-returns-that-amazon-and-apple-did-as-companies-go-public-later-in-life-and-early-investors-cash-out-276147
SpaceX and OpenAI IPOs are unlikely to bring skyrocketing returns that Amazon and Apple did, as companies go public later in life and early investors cash out
In the old days, companies like Apple and Amazon went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.
Oliver Schafeld
