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Editor’s Note: SpaceX, now a public company, has achieved impressive advances in rocket manufacturing. An early investor like Ron Baron is likely to profit from the company’s IPO, given his $22 billion pre-IPO investment. However, Louis Navellier and I agree – now is not the right time for regular investors to buy SpaceX stock.
To share his perspective, I’ve invited Louis to today’s Smart Money to explain why he considers SpaceX a risky bet. He’ll go through the history behind popular IPOs, the data problem, and more. Then he shares what investors should do instead in today’s market.
And if you’re concerned about navigating what could be a more volatile summer, I also encourage you to watch Louis’ recent presentation with TradeSmith CEO Keith Kaplan. Louis explains why investors may need a more tactical approach in the months ahead and how a new AI-powered tool could help us evaluate opportunities and manage risk. You can watch the replay here.
Take it away, Louis…
