SPACEX JUST WENT PUBLIC! ๐จ
BUT THIS COULD HORRIBLY CRASH THE STOCK MARKET.
The Palm IPO marked the exact top of the dotcom bubble.
March 2000. Most hyped IPO of the era.
The Nasdaq topped that same month.
Then crashed -78%.
SpaceX IPOs at +2,000,000,000.
The largest, most hyped listing in history.
At the most overvalued NASDAQ ever.