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BBT #17 Snippet | The SpaceX IPO Skeptic's Case
Mega-IPOs sell a feeling before they sell a share. The story arrives first — the founder, the rockets, the trillion-dollar headline — and the financials show up in a 300-page S-1 most people never open. SpaceX is about to be the largest IPO in history, pricing somewhere between $1.5 and $1.75 trillion, and the same week that headline lands, retail investors will pile into a stock without knowing how the company actually makes money or how fast it spends what it makes.
⏱️ 00:00 — SpaceX IPO Concerns
📊 Key stats from this segment:
- SpaceX is targeting an IPO valuation of $1.5–1.75 trillion…
The skinny
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