They are a great company and could have gone traditional IPO. However, with going SPAC they were able to bring 2 billion dollars into a company with super high valuation. They make less than 50mil and we’re valued at 18 to 20 billion. So don’t buy in now, you will have plenty of chance to buy this great company
Edit: Also just to add on by bringing in that 2 Billion dollars they have essentially secured the future of the company for a long time
Edit: Also just to add on by bringing in that 2 Billion dollars they have essentially secured the future of the company for a long time