Space X has reportedly lowered its IPO valuation target to $1.8 trillion as it moves closer to going public.

The reduced IPO valuation ( from 2 T to 1.8 T ) is more likely a strategic move than a red flag. 🚩

# But the real question is - is this really a strategic move or they know- shits not gonna sell !

[TipRanks](https://www.tipranks.com/news/spacex-cuts-ipo-valuation-red-flag-or-strategic-move-ahead-of-debut#google_vignette)