GeneralBearishFortune Crypto · 11h ago6/10
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Top analyst has harsh words for SpaceX debut: ‘We recommend that investors avoid this IPO’
Research firm New Constructs CEO David Trainer has publicly recommended investors avoid SpaceX's anticipated IPO, arguing that the company's $1.75 trillion valuation is mathematically indefensible. Trainer's criticism highlights growing skepticism among financial analysts regarding the astronomical valuations assigned to private space companies entering public markets.
