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r/wallstreetbets
SpaceX is listing about 4.3% of it's total equity at 1.75 trillion dollars
Investor summaryNeutral
Author questions SpaceX's rumored IPO, suspecting the low 4.3% float is just to inflate existing shareholders' net worth.
Bear points
- The 4.3% float percentage feels suspiciously low.
- The IPO structure appears aimed at inflating current shareholders' net worth rather than genuine fundraising.
Post body
SpaceX is listing about 4.3% of it's total equity at 1.75 trillion dollars.
The percentage feels too low and it's just aimrd at inflating all current shareholders's networth.
How does that compare to other IPOs historically?!
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