The IPO Market Is Back. Investors Should Remember What Usually Happens Next
The window is smashed right open
The IPO market is reopening with a bang. SpaceX could generate more exit value than a decade of venture-backed offerings combined, while bankers predict a flood of new supply. But beneath the excitement lies a sobering reality: many of the market's most celebrated IPOs suffered brutal declines before finding their footing. The next listing boom will offer both extraordinary winners and spectacular losers.