SpaceX IPO: Who Will Actually Make All the IPO Money?

The SpaceX IPO is already upside down. SpaceX's valuation would place it among the largest companies in the S&P 500, yet its revenue tells a very different story. In this episode, Paul explains how buying an IPO is fundamentally different from trading other stocks in the market and what that matters for investors. Later in the episode, Paul wants you to know how to spot a market “forecast” and explains that pundits are paid to make these predictions and don’t have to be accountable for the losses investors experience because of them.   Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser.