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SpaceX begins trading amid lofty investor expectations

News Snapshot:

Paul Harris, portfolio manager at Harris Douglas Asset Management, joins BNN Bloomberg to discuss the SpaceX and the outlook for the markets. SpaceX began trading following the largest initial public offering on record, drawing significant investor attention and raising fresh questions about valuation, growth expectations and the long-term outlook for Elon Musk’s ventures.BNN Bloomberg spoke with Paul Harris, portfolio manager at Harris Douglas Asset Management, who said strong investor demand could support the shares in the near term but warned that expectations for the company remain exceptionally high and may be difficult to meet over time.Key TakeawaysHarris expects strong demand…

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