Grantham Bets 90% on SpaceX Crash as $2 Trillion Valuation Tests Market Limits
SpaceX shares have tumbled from their post-IPO peak. The stock now trades near $160 after shedding hundreds of billions in market value in recent weeks. Yet the company still carries a valuation north of $2 trillion. Veteran investor Jeremy Grantham finds that number absurd. He calls the IPO the craziest in history and gives the […]
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