How Elon Musk fueled investor demand for SpaceX stock despite persistent risks
Space X’s CEO Elon Musk has been careful about who he allows to invest in the company, which makes its highly awaited stock market debut this week. The company is expected to list a market valuation of $1.75 market trillion, marking one of an astronomical rise from its roughly $30 billion valuation in 2018.
According to early investors, they have seen investments skyrocket. It is crucial to note that the upcoming IPO represents a massive $75 billion offering.
The 54-year-old is completely controlling the process. Meanwhile, prominent Wall Street banks-including Goldman Sachs and Morgan Stanley were also told how to market the stock, whom to market it........
