Jeremy Grantham, co-founder of the investment behemoth GMO, has cast doubt over the future success of Space Exploration Technologies Corp (NASDAQ:SPCX).
Grantham predicts that the SpaceX IPO could potentially become a future joke, despite the high expectations surrounding it. He shared his concerns on Morningstar’s The Long View podcast on Wednesday and questioned the ambitious goals set by SpaceX in its prospectus, including its aim to extend human consciousness to the stars.
