{"id":469612,"date":"2026-05-31T19:43:14","date_gmt":"2026-05-31T19:43:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/469612\/"},"modified":"2026-05-31T19:43:14","modified_gmt":"2026-05-31T19:43:14","slug":"ipos-are-no-longer-wall-streets-starting-line-theyre-the-exit-ramp-chart-of-the-day","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/469612\/","title":{"rendered":"IPOs are no longer Wall Street&#8217;s starting line \u2014 they&#8217;re the exit ramp: Chart of the Day"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Wall Street used to get the growth story early. Now it often only gets the receipt.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX (<a class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SPAX.PVT\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:SPAX.PVT;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPAX.PVT&quot;,&quot;yHasCommerce&quot;:false}\" rel=\"nofollow noopener\" target=\"_blank\">SPAX.PVT<\/a>) is targeting a public listing roughly 24 years after Elon Musk founded the rocket maker, underscoring a market shift that has pushed more company-building into private markets \u2014 and left public investors looking for wrappers, proxies, and ETFs to get in sooner.<\/p>\n<p class=\"yf-1fy9kyt\">A chart of some of the past four decades\u2019 biggest IPOs shows that SpaceX is on the tail end of Wall Street norms.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/05\/wait-to-go-public_6312.png\" alt=\"SpaceX is targeting a listing after roughly 24 years as a private company.\" loading=\"eager\" height=\"617\" width=\"960\" class=\"yf-lglytj  loaded\"\/> SpaceX is targeting a listing after roughly 24 years as a private company.      <\/p>\n<p class=\"yf-1fy9kyt\">SpaceX is arriving as a private-market giant, after years of growth funded outside the public stock market.<\/p>\n<p class=\"yf-1fy9kyt\">That is a very different path from some of today\u2019s biggest public-market winners. Amazon (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/AMZN\" data-i13n=\"cpos:2;pos:1\" data-ylk=\"slk:AMZN;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AMZN&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">AMZN<\/a>) listed roughly three years after its founding. Apple (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/AAPL\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:AAPL;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AAPL&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">AAPL<\/a>) and Netflix (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/NFLX\" data-i13n=\"cpos:4;pos:1\" data-ylk=\"slk:NFLX;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;NFLX&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">NFLX<\/a>) took about five. Alphabet (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/GOOG\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:GOOG;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;GOOG&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">GOOG<\/a>, <a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/GOOGL\" data-i13n=\"cpos:6;pos:1\" data-ylk=\"slk:GOOGL;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;GOOGL&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">GOOGL<\/a>) and Nvidia (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-i13n=\"cpos:7;pos:1\" data-ylk=\"slk:NVDA;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;NVDA&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">NVDA<\/a>) took about six.<\/p>\n<p class=\"yf-1fy9kyt\">The more recent crop waited longer. Tesla (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\" data-i13n=\"cpos:8;pos:1\" data-ylk=\"slk:TSLA;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;TSLA&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">TSLA<\/a>) took about seven years to go public, Meta (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/META\" data-i13n=\"cpos:9;pos:1\" data-ylk=\"slk:META;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;META&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">META<\/a>) took about eight, and Coinbase (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/COIN\" data-i13n=\"cpos:10;pos:1\" data-ylk=\"slk:COIN;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;COIN&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">COIN<\/a>) and Uber (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/UBER\" data-i13n=\"cpos:11;pos:1\" data-ylk=\"slk:UBER;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;11&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;UBER&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">UBER<\/a>) took closer to a decade. Spotify (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SPOT\" data-i13n=\"cpos:12;pos:1\" data-ylk=\"slk:SPOT;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;12&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPOT&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">SPOT<\/a>) waited about 12 years before its direct listing.<\/p>\n<p class=\"yf-1fy9kyt\">Then there is the newer long-private cohort. Palantir (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/PLTR\" data-i13n=\"cpos:13;pos:1\" data-ylk=\"slk:PLTR;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;13&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;PLTR&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">PLTR<\/a>) waited about 17 years before its direct listing. Reddit (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/RDDT\" data-i13n=\"cpos:14;pos:1\" data-ylk=\"slk:RDDT;cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;14&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;RDDT&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">RDDT<\/a>) took 19 years. SpaceX\u2019s expected timeline would push even further, putting it closer to the far end of the chart than to the public-market origin stories that created earlier generations of tech wealth.<\/p>\n<p class=\"yf-1fy9kyt\">There are two important asterisks. Arm (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/ARM\" data-i13n=\"cpos:15;pos:1\" data-ylk=\"slk:ARM;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;15&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;ARM&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">ARM<\/a>) most recently listed on the Nasdaq in 2023, after an earlier public-market run that ended with SoftBank taking the chipmaker private in 2016. Saudi Aramco (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/2223.SR\/\" data-i13n=\"cpos:16;pos:1\" data-ylk=\"slk:2223.SR;cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;16&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;2223.SR&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">2223.SR<\/a>) also depends on the starting point. The chart uses the 1988 creation of the Saudi Arabian Oil Company and its 2019 Tadawul listing, even though the company\u2019s roots go back further.<\/p>\n<p class=\"yf-1fy9kyt\">Still, the direction is hard to miss. The IPO has become less of a beginning and more of a way for early investors, employees, and backers to cash out after years of private-market value creation.<\/p>\n<p class=\"yf-1fy9kyt\">Jared Blikre is the global markets and data editor for Yahoo Finance. Follow him on X at <a class=\"link \" href=\"https:\/\/x.com\/SPYJared\" data-i13n=\"cpos:17;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@SPYJared;cpos:17;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;17&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;@SPYJared&quot;,&quot;yHasCommerce&quot;:false}\">@SPYJared<\/a> or email him at jaredblikre@yahooinc.com.<\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/topic\/stock-market-news\/\" data-i13n=\"cpos:18;pos:1\" data-ylk=\"slk:Click here for in-depth analysis of the latest stock market news and events moving stock prices;cpos:18;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;18&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Click here for in-depth analysis of the latest stock market news and events moving stock prices&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Click here for in-depth analysis of the latest stock market news and events moving stock prices<\/a><\/p>\n<p class=\"yf-1fy9kyt\"><a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/news\/\" data-i13n=\"cpos:19;pos:1\" data-ylk=\"slk:Read the latest financial and business news from Yahoo Finance;cpos:19;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;19&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the latest financial and business news from Yahoo Finance&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Wall Street used to get the growth story early. Now it often only gets the receipt. SpaceX (SPAX.PVT)&hellip;\n","protected":false},"author":2,"featured_media":469613,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[350,85,46,147257,92537,218347,218348,141,145,4688,196],"class_list":["post-469612","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-elon-musk","tag-il","tag-israel","tag-market-shift","tag-private-markets","tag-public-investors","tag-public-listing","tag-science","tag-space","tag-spacex","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/469612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=469612"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/469612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/469613"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=469612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=469612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=469612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}