In today’s Smart Money, let’s dig into why investing in the companies downstream of SpaceX is a better choice than buying a stake in the IPO itself.
Listen to the audio version of this article (generated by AI).
Hello, Reader.
In Ernest Hemingway’s 1952 novel, The Old Man and the Sea, a fisherman named Santiago sails out into the Gulf Stream’s deep waters, where he discovers a giant marlin.
After many sleepless nights, he finally catches the marlin and lashes it to the side of his boat… only to see sharks devour it on the journey home.
Santiago is left with nothing but its skeleton.
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