Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the 'craziest IPO in the history of man' that just joined the Nasdaq 100
Investor Jeremy Grantham warns that SpaceX's entry into the Nasdaq 100 may be the 'craziest IPO in the history of man.'
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The brief
SpaceX has joined the Nasdaq 100 following its initial public offering. Investor Jeremy Grantham has criticized the move, characterizing the IPO as a massive market bet for Main Street and suggesting it could eventually be viewed with ridicule.
Coverage from Fortune, Fox Business, and Yahoo! Finance Canada emphasizes Grantham's stark outlook, including his claim that there is a 90% chance the stock will crash.
The Motley Fool and Morningstar highlight his history of predicting the dot-com bubble burst, noting his view that the company's survival would be an amazing outcome. Future developments depend on whether SpaceX's market performance validates Grantham's warnings of a collapse or persists as a stable member of the Nasdaq 100.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.
Quick answers
What is Jeremy Grantham's prediction regarding SpaceX stock?
Grantham says there is a 90% chance that SpaceX stock will crash.
Which index has SpaceX joined?
SpaceX has joined the Nasdaq 100.
How does Grantham describe the SpaceX IPO?
He has called it the 'craziest IPO in the history of man' and the 'craziest' market bet for Main Street.
Coverage (5)
- Jeremy Grantham on SpaceX: It Will Be Amazing If It Doesn’t Collapse Morningstar · 6h ago
- He Predicted the Dot-com Bubble Burst. Now He's Saying SpaceX Could be a Fresh Warning Sign. The Motley Fool · 6h ago
- 'Utterly inconceivable': Investing legend Jeremy Grantham says there's a 90% chance SpaceX stock will crash Yahoo! Finance Canada · 6h ago
- Famed permabear warns SpaceX IPO could be laughed at in 50 years, 'craziest' market bet for Main Street Fox Business · 6h ago
- Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the 'craziest IPO in the history of man' that just joined the Nasdaq 100 Fortune · 6h ago broke it first
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