https://www.channelnewsasia.com/business/spacex-aims-file-ipo-soon-week-information-reports-6015026
SpaceX is about to IPO. If you have money in passive investment funds, watch this very carefully, and keep track of the upcoming NASDAQ-100 and S&P500 rule changes, because it's likely that passive investment funds are going to be forced into buying SpaceX shares at massive overvaluation.
Same for OpenAI's IPO, which is predicted to happen this year as well. OpenAI is already making moves towards IPO by killing Sora, and supposedly "pivoting" to enterprise use to try and justify massive valuation.
SpaceX IPO filing this week or next. Keep a close eye on your passive investments.
byu/cherrypoplar instocks
Posted by cherrypoplar
3 Comments
Nobody said it’s likely. SpaceX was trying to do this, but the fund managers are smart enough to not let this happen (I hope).
This is exactly why I started doing custom market indexing, so I wouldn’t be lumped in with scams like this. I just started using Wallace Finance but I think Frec and Wealthfront have similar platforms where you can modify the index.
**SpaceX Concept Stocks**
**The Sympathy Runners / Space sector**
* **$RKLB (Rocket Lab):** Probably the most obvious sympathy play. They are basically the only other legit pure-play rocket stock right now. If SpaceX gets a crazy valuation, does RKLB get pulled up with it?
* **$ASTS (AST SpaceMobile):** Direct-to-cell competitor to Starlink, but ironically they literally pay SpaceX to launch their satellites. Weird dynamic but definitely in the same orbit.
* **$PL (Planet Labs):** Partnered with SpaceX for hyperspectral satellite launches.
**The Elon Hype**
* **$TSLA:** Does a successful SpaceX IPO just create a massive hype wave for Elon in general and pump Tesla? Probably.
**Partners & Telecom**
* **$TMUS & $QCOM:** T-Mobile has that massive direct-to-cell partnership with SpaceX to kill dead zones, and Qualcomm is working on the chips for it.
* **$AMZN:** Kind of funny since Project Kuiper is a competitor, but Amazon still has to use Falcon 9s to get their stuff to space.
* **$SATS (EchoStar):** Seen some rumors that SpaceX is interested in acquiring their spectrum licenses. Might be a buyout angle.
**Indirect Ownership (Backdoor plays)**
* **$DXYZ:** A closed-end fund where SpaceX is actually their largest holding. Very volatile though.
* **$GOOGL:** Google owns roughly 7% of SpaceX from early funding rounds.
* **$BAC:** Bank of America has been heavily involved in financing them.