Dutch bank's subsidiary says participating in SpaceX IPO is like a high-stakes gamble, similar to investing in cryptocurrencies in the early years.
Christophe Boucher, Chief Investment Officer of ABN Amro Investment Solutions under the Dutch bank, stated that participating in SpaceX's initial public offering is similar to buying cryptocurrency about 15 years ago, where you could either potentially lose all your capital or potentially gain exponential returns. Despite skepticism towards Elon Musk's estimated valuation target of around $1.8 trillion for SpaceX, one must still consider the risk-return ratio.
Latest

