No — it fits a well-documented pattern. Historical data on the ten largest IPOs of recent years shows that only two were in positive territory six months after their debut, and many experienced drawdowns of up to 79% in their first two quarters of trading. The SpaceX experience is not an anomaly; it represents the market working through a normal process of price discovery after the initial excitement at launch.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
