SpaceX targets more than $2 trillion valuation in IPO, Bloomberg News reports

    https://finance.yahoo.com/news/spacex-targets-more-2-trillion-195553910.html

    Posted by King-of-Limbs-07

    40 Comments

    1. I am targeting a 6 trillion IPO for my dog walking company which one of us is more delusional?

    2. DefiantDelta on

      3 trillion by monday. just like prices are down 100%, 500%, 1200% on drugs, the number can grow infinitely

    3. Rare_Dig6499 on

      Rationally speaking I should be shorting this with my life savings but I won’t because I know Elon is untouchable in the casino

    4. It was 1.5 the last time i refreshed my feed… are we just making shit up now? I’d like to sell my car, just a measly 500B please and thank you.

    5. He is trying to suck the oxygen out of OpenAi ipo. Remember when Lyft did the same to Uber? Took Uber years to recover.

    6. I see the upside for SpaceX, like far far future upside once there’s bases on Mars or the Moon maybe in 50 years.

      I’ll buy in once it craters post IPO and the retards are left holding the bag.

    7. Ha, yea ok.

      What does this valuation even mean? If they go public with a price that’s too high no one will buy it. If they go with one too low it will shoot up to where the market thinks it should be, well probably higher and then lower, etc, eventually settling there though. All the pre-valuation does it set a price for private investors to get before it goes public, and I doubt they’ll pay that much if they think it’s just going to crash upon release.

    8. Independent_Term5790 on

      Crude is up 12% and the market finished green, everything is retarted now

    9. InfiniteNerve1384 on

      Dude. Just no. How the fuck can they instantly go into the S&P. Literally cashing out on retail’s retirements. So fucked.

    10. Whats the global Internet access market look like? Entire countries now have Starlink as basically their best high speed Internet option. What if they start providing basic low speed cell service to every device on the planet what would that be worth?

      I mean this is still crazy, but there are some thought experiments that make me wonder…

    11. So how big is this billionaire market that’s going to be making multiple trips to the moon every week? I guess much bigger than I would have expected.

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