Want To Invest In SpaceX? An IPO Looks Inevitable, But In The Meantime, Go Private Equity
Portfolio Pulse from Neil Dennis
SpaceX, valued at around $175 billion, is a hot prospect for investors, though it hasn't announced an IPO date. Investors can gain exposure to SpaceX through private equity firms like Stack Capital (TSX:STCK) that hold its shares. The IPO market has been sluggish, but recent successful listings like Astera Labs Inc (NASDAQ:ALAB) and Reddit Inc (NYSE:RDDT) could rejuvenate interest. Stack Capital's portfolio includes other pre-IPO companies, indicating a robust private market for blue-chip firms.
March 28, 2024 | 1:49 pm
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POSITIVE IMPACT
Astera Labs Inc's successful IPO could indicate a rejuvenated interest in the IPO market, potentially increasing its stock price in the short term.
Given the positive reception of ALAB's IPO and its role as a barometer for the IPO market, investor interest and stock price could see a short-term uplift.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Reddit Inc's successful transition from private to public and positive reception could positively impact its stock price in the short term.
Reddit Inc's IPO success and the market's positive response may lead to increased investor interest and a potential stock price increase.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
SpaceX's estimated valuation positions it alongside IBM, potentially influencing investor perspectives on tech sector valuations.
SpaceX's comparison to IBM in terms of market cap may not directly affect IBM's stock but could alter investor views on tech valuations.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
SpaceX's potential valuation of $175 billion places it alongside tech veterans like Intel Corporation, possibly affecting investor perceptions.
While not directly impacting Intel's stock, SpaceX's valuation comparison could influence investor perceptions of tech sector valuations.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50