CNBC: IPOX® Founder Josef Schuster Comments on SpaceX IPO Access and Investor Caution
IPOX® Founder Josef Schuster was featured in CNBC coverage of SpaceX’s upcoming IPO, noting IPOX® has “always taken a wait-and-see approach to that market.” He called very low float “a big red flag” and warned, “Anything below 7%, you have to be really careful.” Schuster added investors should avoid “jumping in at this point,” preferring to “let it trade and see” as IPO entry points can become more attractive after initial trading.
