The SpaceX IPO Could Trigger the Biggest Portfolio Reshuffling in Years. Are You Ready?

The din around SpaceX is deafening, transcending Wall Street's news platforms and spilling into the news that Main Street reads. That's partly related to the massive scale of the deal, with the initial public offering (IPO) expected to raise $75 billion. At the IPO price of $135 per share, SpaceX estimates its market cap would be nearly $1.8 trillion. This is not an ordinary IPO.Notably, the IPO is oversubscribed, which means more people want to buy the stock than there are shares available. There could be a notable first-day pop in the price, and the hype around the IPO is likely to be huge. But the story gets even more interesting when you examine what indexes are doing. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool