Chart Of The Day: Yes, The SpaceX Deal Is Enormous
SpaceX is planning to raise $80 billion or more through an IPO, significantly surpassing its competitors. This amount is more than three times the size of the next-largest IPO. Investors are left wondering if the market can absorb such a large influx of stock.
- ▪SpaceX is targeting a raise of $80 billion or more.
- ▪This amount exceeds three times the size of its closest competitor's IPO.
- ▪The article raises concerns about the market's ability to handle such a large influx of stock.
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