Anyone going big dollars into SpaceX IPO?
Or small.
Why?
And what are the factors leading to your decision?
Is this the new story of the guy that put his $800k inheritance into Intel?
Thanks all for your input, I appreciate it.
The business model seems strong, market saturation is deep. Not sure about competition moat.
Is the technology sound enough to dominate?
Anyone going big into SpaceX IPO?
byu/mutant-dermoid ininvesting
Posted by mutant-dermoid
17 Comments
Biggest rug of all time
As a trade sure, as a long term hold probably not, at least not in the short term, given the new rules being adopted for spaceX.
The problem is the valuation they’re talking about IPOing at. It’s insanity. Maybe down the line I’ll look at them
lol no
[removed]
I found Elon’s butt buddy
Before you do, please look at Patrick Boyle’s video:
https://youtu.be/8rS3fTbC7TE?is=oXOsZfk9-y27W8QW
To me, a valuation of > $1t for a 100 p/s loss making company is a recipe for disaster.
I will observe, and possibly short a few months in.
I also think about switching my index ETFs to not hold the train wreck.
If this was at 50B valuation then sure, not at the 1.5T they are looking at. All the growth happened when they were private.
Nah, I’ve seen enough of Elon’s pump and dumps for 10 years of being long Tesla, I like CEOs who don’t cut their own hair and don’t have nazi tendencies.
Looking to build a $50K position over the first the first year and a half.
A smart Dem admin would ban any govt money going to spaceX tbh so it’ll be a zero within 10 years
This is a giant rug pull. Happens every time a big name company goes public. Don’t fall into the trap
I’ll pull all my money from the S&P if that monstrosity gets listed too quickly.
But yeah on the off chance it’s not the biggest rug pull in history I’ll buy a little. I like to gamble.
I will roll the dice for a quick cash grab but not as an investment.
How do you suggest we get in?
Maybe as a short position…
This is the point where Musk steals $20,000 from every American citizen’s pension fund and runs off with the loot. Every tracker fund forced to chip in and then watch it disappear in the mist.