There's a lot of buzz around the SpaceX IPO right now, and it makes sense. This is a Texas company, and Texans are proud of what SpaceX has built. Naturally, clients and prospects are asking the same question: how do I get in, and what's the best way to participate?
In the video above, Jeremy Walker offers his take, and it may surprise you. Historically, 60 to 65% of IPOs lose money in the first three to five years after going public. Four of the last five major IPOs have lost money since they debuted. That's not a knock on SpaceX as a company — Jeremy says it himself: he loves SpaceX.
But loving a company and chasing its IPO are two different things. Maverick Wealth Management clients have actually had access to SpaceX at the private, pre-IPO level since 2022, well before this moment arrived. Jeremy also digs into a different angle worth considering: some of the more interesting opportunities may not be SpaceX itself, but the suppliers, partners, and adjacent companies that could benefit from the ripple effects of this IPO.
This commentary is educational and general in nature, not a personalized recommendation. Reach out if you'd like to talk through what it means for your own plan.