Weekend Listen: Space X goes public, but what are you buying?
· 22 min · Episode 1909
Episode Weekend Listen: Space X goes public, but what are you buying?
Enjoy this special feed drop from our sister show "In This Economy?!"
It’s now the biggest IPO in history – when Space X hit the US market this month, it made CEO Elon Musk a trillionaire on day one. But there are still many questions about the company and its plans for the future without any current stream of revenue.
The stock also hit a few bumps recently, with the company losing $600 billion dollars in market cap over a 3-day losing streak.
Host Kris McCusker speaks to Alison Kemper, Associate Professor in the Entrepreneurship and Strategy Department at Toronto Metropolitan University, to discuss why this was such a big deal, what might happen next and why you may want to rethink investing in the company.
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