Opinion: Participating in SpaceX’s IPO is akin to a high-stakes gamble, similar to early investments in cryptocurrencies

Odaily News According to Christophe Boucher, Chief Investment Officer of ABN Amro Investment Solutions, a subsidiary of ABN Amro, participating in SpaceX’s initial public offering is similar to buying cryptocurrencies about 15 years ago—either losing the entire principal or achieving exponential returns. While there are reasons to be skeptical of the approximately $1.8 trillion valuation target Elon Musk has set for SpaceX, its risk-reward ratio still warrants consideration. (Citywire)