🚨 $USPACE IPO DEBUTS AT 219x P/E — THE DJI EXIT THAT COST BILLIONS 💥
Entry: 150.80 ⚡
Target: 609.93 🚀
📊 The market just priced this listing at a staggering 219x earnings while the real story sits in the shareholder history. 📌 DJI acquired 17% of Uspace for just 10.13 million yuan back in 2018 — a valuation of roughly 60 million. By 2019, they trimmed their stake and walked away entirely.
🦈 That early exit now represents a position worth tens of billions at current market capitalization. The founder, Wang Xingxing, once clocked in at DJI before venturing out on his own — and the drone giant's abandonment of this position is the kind of institutional footprint that commands attention. 🔍 Whether this valuation holds or rolls over, the structural dynamics here are fascinating.
💬 Would you chase a 219x P/E listing based on the narrative, or wait for the institutional dust to settle? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#Uspace #IPO #SmartMoney #EquityMarkets #TechListings 🦈 💎