Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is 'stupid'

CNBC Top News ·

Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is 'stupid'

Marvin Jung isn't buying into SpaceX because he thinks it's a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk's rocket company is coming public at a …

Marvin Jung isn't buying into SpaceX because he thinks it's a bargain. The 51-year-old regional director of operations in veterinary care believes Elon Musk's rocket company is coming public at a valuation that is "really, really aggressive." Yet, he still requested 1,000 shares through Robinhood , betting enthusiasm for one of the world's most anticipated initial public offerings will overwhelm concerns about price. …

Original source: CNBC Top News

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