SpaceX and OpenAI IPOs are unlikely to bring skyrocketing returns that Amazon and Apple did, as companies go public later in life and early investors cash out
- Written by Brad Badertscher, Professor of Accountancy, University of Notre Dame
SpaceX is among the many companies that hope their initial public offerings take off. AP Photo/John RaouxElon Musk’s SpaceX is expected to soon become a public company in what may be the biggest initial public offering in history. But my new research suggests that investors who buy shares of the company are unlikely to see the explosive...