Comment by chasd00
43 minutes ago
The SpaceX IPO confuses me, with the kind of testing they do the stock price is going to be a roller coaster ride. Every splashdown with an explosion, even if planned, is going to impact the stock price. Are they hurting for cash? Why even IPO if you don't need the cash?
Patrick Boyle has an excellent presentation (YT) on the SpaceX IPO. In case you thought you knew it was bad … it’s way worse than you think.
https://youtu.be/IHD8BDFYyGI