SpaceX's upcoming IPO is probably one of the biggest blockbuster IPO in recent years, albeit at a time where inflation is on the rise and geopolitical relations are still at stake. Moreover, I don't think SpaceX is worth that much, definitely more than its intrinsic value, and a rug pull could happen for FOMO investors.

Longbridge - Hotspot
Hotspot

☕️ [Task Coins Giveaway] Daily Market Talk — Iran Closes Strait of Hormuz

IRGC closed the Strait of Hormuz and fired on ships. S&P 500 fell 2.6% Friday on the NFP beat. Apple WWDC opens tomorrow. SpaceX lists Friday.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.