Walmart’s 1970 IPO raised $4.95 million, and a $1,000 investment is now worth about $38.9 million due to 12 stock splits. Nvidia surpassed McDonald’s in rankings after its earnings, with a $1,000 stake now worth $9 million. SpaceX completed the largest US IPO in June, raising tens of billions. The lesson for investors is that high returns require long-term holding, and stock splits are crucial for growth.
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