Tesla's IPO is a $1 billion, but this is a game-changer
Anyone who invested in Tesla Inc. TSLA in the past few years is doing well. Elon Musk is seemingly unstoppable as he continues to grow in prominence and amasses a loyal following of people who believe in his vision. This has caused a huge rise in not only Tesla's stock but everything else he touches.
Tesla launched its initial public offering IPO at a multibillion-dollar valuation. If you held Tesla as it went from a $10 million valuation to a $1 billion valuation, you would be sitting on the same gains as if you bought at a $10 billion valuation and held it to a $1 trillion valuation. The number of companies that hit that trillion-dollar mark is few and far between, and it often doesn't last long.
This makes startups a lucrative portfolio diversification option. It's risky to invest in startups, but getting one right could make your entire portfolio look like a whole. It's why startups like StartEngine are making it possible for anyone to invest in something like electric vehicle EV startups.
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StartEngine is unique because it is funded entirely by retail investors and raises funds so anyone can invest. The StartEngine platform offers opportunities to invest in hundreds of startups in industries ranging from electric vehicles to gaming marketplaces.
For example, Rivian Automotive Inc., RIVN, launched its IPO near the $100 billion valuation mark, but has since declined consistently. Anyone who really likes the company can't realistically invest without having to watch their portfolio drop for years before it starts to level out. Even after a 75% drop, you'd be sitting on tens of thousands of percent in gains, if you invested in Rivian when it was raising funds as a startup.
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