Spacex IPO

[Anonymous]

Have been reading about the Spacex IPO. Some of my friends in tech have worked at Spacex and have employee shares.

Are you planning to buy shares when it goes public? Reports are saying June. I imagine there will be a huge feeding frenzy. What do you think it will go up to?

[Anonymous]

The vast majority of IPOs go down by about 40% with a year after the IPO. That's when i plan on buying.

[Anonymous]

Anonymous wrote:The vast majority of IPOs go down by about 40% with a year after the IPO. That's when i plan on buying.

Same

[Anonymous]

Not touching anything Musky

[Anonymous]

The future appears to include a LOT of federal government money going to corporate space companies. My question for Spacex is the degree to which the Trump/Republican party will point that fire hose of money to this company.

Will the IPO be high and gradually glide down? Tell me whether you think Musk has a track record of amazing hype (via X!) and then under delivering on new products.

[Anonymous]

So what will these shares open at? 200? 300? TSLA went to 1,000 at one point.

[Anonymous]

Anonymous wrote:Not touching anything Musky

Why?

[Anonymous]

Anonymous wrote:Not touching anything Musky

+1 His IPO will likely crash and burn as his SpaceX rockets have done. He's ok while Trump is in office and can give him government contracts from our taxpayer dollars, but afterwards, who knows.

[Anonymous]

Space X is the world's most active launch company. They can launch for much cheaper than other companies because they recover their rockets. They have many large contracts that are good for years out.

Trump is not "giving" him contracts. They are winning on bids because they can launch for much cheaper. This has been going on for years before Trump.

[Anonymous]

They want to put AI data centers in space. There are lots of benefits to doing this, but they need to raise capital.

[Anonymous]

I am 100% in tech stocks and have been for decades. I shorted Tesla when Elon did his Nazi salute. I will not invest in anything of his, and I won't invest in fossil fuels or legal drugs (alcohol, tobacco, etc). There are moral limits to my investments, and I say this as a successful Apple and Amazon owner, so I have nothing against unbridled capitalism.

[Anonymous]

Anonymous wrote:So what will these shares open at? 200? 300? TSLA went to 1,000 at one point.

That $1k was before split.
Not buying anything at IPO. Will have 10+ years to buy the stock during dips.

[Anonymous]

Anonymous wrote:Have been reading about the Spacex IPO. Some of my friends in tech have worked at Spacex and have employee shares.

Are you planning to buy shares when it goes public? Reports are saying June. I imagine there will be a huge feeding frenzy. What do you think it will go up to?

No I’m not an idiot
No I’m not racist
No I’m not a traitor
No I’m not supporting crap that literally blows up

[Anonymous]

Anonymous wrote:I am 100% in tech stocks and have been for decades. I shorted Tesla when Elon did his Nazi salute. I will not invest in anything of his, and I won't invest in fossil fuels or legal drugs (alcohol, tobacco, etc). There are moral limits to my investments, and I say this as a successful Apple and Amazon owner, so I have nothing against unbridled capitalism.

This

[Anonymous]

I remember when Amazon IPO’ed. I was thinking that $60 was expensive…