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Want to Invest $1,000 in SpaceX? Here's What History Has to Say. [Yahoo! Finance]
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-- making it larger than Elon Musk's Tesla . That kind of number gets investors excited, but before you set aside $1,000 for opening day, it's worth looking at what the data actually says about buying into IPOs at these kinds of valuations. What the historical data tells us about IPO performance Jay Ritter, a finance professor at the University of Florida who's spent decades studying IPOs -- his nickname is "Mr. IPO" -- has built one of the most comprehensive data sets on IPO performance around. Ritter's research shows that, on average, IPOs underperform comparable public companies, and in the first three years, lose to the broader market by nearly 20%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Of course, this is just an average, and different kinds of companies tend to pe
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