However, perhaps the reason most people want to see a SpaceX IPO is because itâs one of the many brainchildren of Tesla (TSLA) CEO Elon Musk, who has consistently made huge returns for stock investors since the late 1990s.
A good way to think about the STP process is that it is a analytical approach that helps the firm make important âwhereâ (target market selection) and âhowâ (product positioning) to compete marketing strategy decisions.
Now, STP is a well-recognised global brand with a strong range of oils, additives and coolants. Starting in the US in 1954, three business men with a mere $3,000 in start-up capital launched the first product under the Scientifically Treated Petroleum brand, now better known as STP. That product was STP Oil Treatment.