Learn the Basics

New to investing or IPOs? Start here. Plain-English explanations, no jargon, no hype.

Guide

What Is an IPO? A Simple Guide for Beginners

An IPO (Initial Public Offering) is when a private company first sells shares to the public. Here is how IPOs work, explained in plain English using SPCX as an example.

Guide

What Is Market Cap? (Market Capitalisation Explained)

Market cap is the total value of a company's shares. Learn how to calculate market capitalisation and why it matters for the SPCX / SpaceX valuation.

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What Is a Lock-Up Period? (IPO Lock-Up Explained)

An IPO lock-up period stops company insiders from selling shares for a set time after listing. Learn why lock-ups matter and how they can affect the SPCX share price.

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What Is a Prospectus? (IPO Prospectus & S-1 Explained)

A prospectus is the legal document a company files before its IPO. Learn what is inside an IPO prospectus (S-1) and what to look for in the SpaceX SPCX filing.

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How Does IPO Pricing Work?

How is an IPO price decided? Learn how underwriters, demand and the roadshow set the IPO offer price — and why a stock can pop or drop on its first day of trading.

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What Is the Difference Between SpaceX and Starlink?

SpaceX is the rocket and aerospace company; Starlink is its satellite internet service. Learn how they relate and what it means for a potential SPCX IPO.

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What Are the Risks of Buying IPO Stock?

IPO stocks can be volatile and risky. Learn the main risks of buying IPO shares — overvaluation, lock-up expiry, hype and limited history — before considering SPCX.