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

2026-06-10 15:00

Odaily Planet Daily News: Christophe Boucher, Chief Investment Officer at ABN Amro Investment Solutions (a subsidiary of Dutch bank ABN AMRO), stated that participating in SpaceX's initial public offering is similar to buying cryptocurrency about 15 years ago—investors could either lose their entire principal or achieve exponential returns. Although there are reasons to be skeptical of Elon Musk's target valuation for SpaceX at approximately $1.8 trillion, its risk-reward ratio still warrants consideration. (Citywire)