SpaceX is going public — but don’t expect Amazon- or Apple-level gains. Today’s IPOs are often a payout moment for insiders, not the start of major value creation for public investors, according to a scholar who analyzed over 1,000 listings.
https://theconversation.com/spacex-and-openai-ipos-are-unlikely-to-bring-skyrocketing-returns-that-amazon-and-apple-did-as-companies-go-public-later-in-life-and-early-investors-cash-out-276147