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The Conversation U.S.
@us.theconversation.com

Did you buy any SpaceX stock? If not, don’t feel left out – you’ve got historical data on your side. The modern IPO increasingly represents a chance for insiders and executives to cash out – not the start of value creation for public investors.

theconversation.comSpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these daysIn the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

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