SpaceX IPO could drive insider share sales, George Noble warns

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SpaceX IPO could drive insider share sales, George Noble warns — SpaceX IPO seen as exit liquidity event

George Noble argues that the largest IPO in history, referring to SpaceX, is poised to become the largest exit liquidity operation as well.

He points out that SpaceX went public at more than 90 times revenue, and insiders who bought in at much lower prices are now preparing to sell their shares.

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Noble has previously addressed market valuations and investor access. He compared 1971 and today, noting a sharp decline in S&P 500 share purchasing power for workers earning a year's salary. In a separate article, Noble argued that Oklo operates as a utility company by building and selling electricity.

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