Cathie Wood Is Buying SpaceX Stock as it Sinks 50% Below Its Post-IPO High. Should You Follow Her?
Space Exploration Technologies (SPCX -3.41%) was the initial public offering (IPO) in history, collecting more than $86 billion, or more than double the previous record holder, Saudi Aramco, which raised $25.6 billion in 2019. However, the stock’s trajectory since then hasn’t been quite as promising as investors had hoped. After hitting a high of $225 a […]