Poll: Private Goes Public 🔒🔓

This week we asked the Invstr Community which private company they would invest in if it went public in 2021. The polls revealed an interesting but not completely surprising split, with a whopping 63% of all Invstrs thinking that SpaceX would be the best investment. With Elon Musk at the helm of SpaceX, professional credibility is strong; this comes in addition to Elon’s likable personality and SpaceX’s monument accomplishments such as landing rockets and making them reusable. SpaceX is truly always moving one step further towards its goal of reaching Mars. The second most popular choice and taking the silver medal is TikTok, the world-famous app powered by the might of GenZ, memes, and a plethora of exciting trends. Throughout quarantine and the pandemic, TikTok has emerged as an outlet for boundless creative expression packaged in a quick and fun way. Boasting millions of users, it is no surprise TikTok is being rated so highly. For many, TikTok would serve as a stock that one could believe in it both quantitatively and qualitatively. 

Next up, the bronze medal goes to Ikea, holding a healthy 6% lead over the 4th place company, Blue Origin. Ikea is a company that may not break the internet or the boundaries of space but does make furnishing your home affordable, accessible, and stylish. In fact, it is one of the largest sellers of furniture in the world, and years of selling and building a loyal client base mean Ikea, unlike its furniture at times, could be a very sturdy investment. Last but not least, we have Blue Origin, a SpaceX competitor lead by none other than Jeff Bezos, now the second richest man in the world after none other than Elon Musk, and founder and chairman of Amazon. Blue Origin often gets overshadowed in the glory of SpaceX. As a result, if Blue Origin went public, it may become undervalued, making it a strategic pick for the 3% of Invstrs who chose it and are fans of the value investing approach.

As companies continue to grow and new players join the field, the question of who the best potential public investment is will evolve and staying up to date will be necessary. To keep on top of all the latest news, check in with Invstr Crunch daily!

Share:
More Posts
OPEC’s Decision 🛢

OPEC leaders just hosted an important late-November meeting that may signal a change in strategy.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.