Most of that wealth is on paper. Don’t buy the SpaceX IPO. Don’t buy it ever. A share of SpaceX is wealth going into Elons pocket.
There is not a single thing profitable about SpaceX. He has just run out of places to hide his bags, and the last place to stash them is on the public.
If you own shares in an index fund that tracks the NASDAQ 100, sell them. Check all your funds to ensure that the indexes they track have proper seasoning rules to prevent early inclusion in the index.
Most of that wealth is on paper. Don’t buy the SpaceX IPO. Don’t buy it ever. A share of SpaceX is wealth going into Elons pocket.
There is not a single thing profitable about SpaceX. He has just run out of places to hide his bags, and the last place to stash them is on the public.
If you own shares in an index fund that tracks the NASDAQ 100, sell them. Check all your funds to ensure that the indexes they track have proper seasoning rules to prevent early inclusion in the index.
Apparently the spacex ipo is 2x oversubscribed