How distortionary will the SpaceX IPO be?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

+1 Our country could use 10000 more entrepreneurs like Elon Musk. Innovators, Disrupters, Job Creators. They keep America at the tip of the spear in Innovation and start companies that employ tens of thousands of people, who pay taxes to the govt. Unfortunately, the govt wastes those taxes on useless social programs that have heavy fraud and abuse.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

I agree, he admitted failure at cutting any government spending or having any idea how it works. I'm sure one day he will express his feelings on the thousands of Africans who died because of his DOGE antics.

LOL. He was successful at cutting hundreds of billions of wasteful govt spending. Yes, he didn't cut a trillion. There is so much waste and fraud in the govt but it was a good start. USAID was full of waste and fraud. Besiders, why can't China take care of the Africans? The Chicoms certainly exploit them enough.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

He canceled USAID and doomed tens of thousands of the most vulnerable people on earth to death, including newborns infected with HIV. Without treatment, life expectancy is less than a year.

He stopped clinical trials cold at NIH, and left patients with implanted devices in their body, unable to seek care at the NIH Clinical Center to take them out. Other patients were on trial drugs and had to stop cold turkey, which some drugs is incredibly dangerous.

He caused confidential information about Americans to be mishandled and possibly stolen for commercial purposes.

He pollutes and damages surrounding neighborhoods of his Space X launchpad and has consistently rebuffed resident complaints.

SHAME ON YOU. I wish you the worst.

I know for a fact some of the above is exaggerated or simply false. Last time I looked we are almost $40 Trillion in debt. This level of debt and spending is unsustainable. The consequences of this debt will make DOGE cuts look like nursery school that will impact every level of American society and also make us way to vulberable to foreign adversaries who hold our debt. Some painful choices have to made and cutting USAID was a great start. At least we finally have a POTUS who is willing to start making those tough choices.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

Elon Musk is the #1 financier of a global fascist and white supremacist movement and you wish the world had more Musks. How revolting.

Please run off to your safe space.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

I agree, he admitted failure at cutting any government spending or having any idea how it works. I'm sure one day he will express his feelings on the thousands of Africans who died because of his DOGE antics.

LOL. He was successful at cutting hundreds of billions of wasteful govt spending. Yes, he didn't cut a trillion. There is so much waste and fraud in the govt but it was a good start. USAID was full of waste and fraud. Besiders, why can't China take care of the Africans? The Chicoms certainly exploit them enough.

Factually DOGE cost more money than it saved. Our current president is wasting money on pet decorating projects and an unsuccessful war while pardoning fraudsters and taking illegal money through his World Liberty Financial corrupt crypto scheme. He wants to put 1.5T more to defense spending when the Pentagon has never passed a financial audit and cannot figure out where the money goes.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

In 2026 almost every brokerage allows for fractional shares.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

In 2026 almost every brokerage allows for fractional shares.

Sure, but psychologically owning 0.3 shares in SpaceX does not feel as satisfying to a cult member as being a full shareholder! No voting rights (though probably that doesn't matter, I'm sure two a two-class structure that leaves Musk as king), and you are locked into your brokerage with fractional shares.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

In 2026 almost every brokerage allows for fractional shares.

Sure, but psychologically owning 0.3 shares in SpaceX does not feel as satisfying to a cult member as being a full shareholder! No voting rights (though probably that doesn't matter, I'm sure two a two-class structure that leaves Musk as king), and you are locked into your brokerage with fractional shares.

Voting??

SpaceX Dual-Class IPO: Elon Musk Retains Total Control

10-to-1 Voting Power: Public investors get Class A shares (1 vote), while insiders get Class B shares (10 votes). This gives Musk 79% of the voting power with only 42% of the equity.

The "Unfireable" Clause: Corporate bylaws state Musk can only be removed by Class B shareholders. Since he controls those shares, he cannot be fired without his own consent.

Zero Board Independence: As a "controlled company," SpaceX bypasses standard exchange rules requiring a majority-independent board, allowing Musk to handpick directors.

No Class-Action Lawsuits: Public shareholders are stripped of their right to sue the company in court, forcing all securities disputes into mandatory private arbitration.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

I agree, he admitted failure at cutting any government spending or having any idea how it works. I'm sure one day he will express his feelings on the thousands of Africans who died because of his DOGE antics.

LOL. He was successful at cutting hundreds of billions of wasteful govt spending. Yes, he didn't cut a trillion. There is so much waste and fraud in the govt but it was a good start. USAID was full of waste and fraud. Besiders, why can't China take care of the Africans? The Chicoms certainly exploit them enough.

No. He admitted he did not save any money. He probably cost the government many billions. Thousands of employees are being hired at the agencies he decimated. He damaged the country significantly, particularly on the scientific research front.