Should I Buy the SpaceX IPO?
“Should I buy the SpaceX IPO?” I’ve been asked this for weeks now. At work, on Ausbiz, at Saturday sport, dinner parties. My answer depends on who’s asking.
If you’re a genuine space nerd who loves the science and the future tech, buy a small amount to be involved. If you know nothing about the company and you’re looking for a quick buck, give it a miss.
That might sound glib, but there’s a real point underneath it. If you genuinely love the space “space”, you’re likely to have the patience to watch billions go up in flames, like the Blue Origin explosion at Cape Canaveral on May 29. If you’re an Elon fan, you’re probably patient with his flexible product timelines. But if you’re looking for value, this is not for you.
