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Compiled by: Felix, PANews Editor’s Note: Recently, Musk’s SpaceX has confidentially submitted an IPO registration document to the U.S. SEC, aiming for a listing as early as June. The company plans to raise $50-75 billion, with a target valuation of approximately $1.75 trillion, potentially making it the largest IPO in history. However, amid market euphoria, some experts point out that such mega-IPOs could be a “disaster” for retail investors, especially those in index funds. Ben Felix, Chief Investment Officer at PWL Capital, recently stated on his podcast that mega-IPOs like SpaceX and OpenAI are elaborately designed “scams” and explained what the upcoming super-IPOs mean for retail investors and their portfolios. PANews has compiled the podcast highlights. Here are the details. If private companies like SpaceX, OpenAI, and Anthropic go public,…# Analysis# MarketPre
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- With 21 years of experience in investment banking, asset management, and financial institutions, specializing in long-term research on the AI industry chain, U.S. stock macro liquidity, and options...