The SpaceX (NASDAQ: SPCX) IPO is the most talked-about market event in years. But Chris Graebe, an analyst at Weiss Ratings, says the investors who will really profit already got in—and it wasn't recently.
Graebe has spent the last several years guiding everyday investors into private companies before they ever reach a public exchange. In a market flooded with IPO enthusiasm, his message is equal parts exciting and sobering: the biggest returns in any IPO story almost always go to those who wrote checks long before the opening bell.
