Special guest Luke Lango joins us this week to tell us more!
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Space Exploration Technologies Corp.’s (SPCX) IPO was supposed to be a win for the entire space sector. It didn’t work out that way.
To Elon Musk’s credit, the IPO brought the space industry into the spotlight. Initially, the hype drove space stocks higher as investors bought into them as proxies, hoping they would benefit from the IPO.
But when the company went public, investors abandoned those space stocks, and they sold off sharply.
