Post by @profgmarkets

SpaceX IPO retail investors with @PatrickEBoyle "Everyone who bought this as a retail investor has thus far lost money. They're all down. And the guys who bought it when it was going close to 200, those guys are really down. Looking at the valuation now, they did a little over $19 billion in revenue in the past 12 months. They're trading at 101 times sales, which is absurd. But then. We get the price targets from Wall Street. Goldman Sachs..."