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Money and Finances
Reply to "Is SpaceX really worth $1.75 Trillion?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]SpaceX will fly until inclusion into the indexes. Then, the demand will dry up, just as insider lock ups flood the market with more stock. In 6 months, SpaceX will trade below its IPO price. [/quote] market price is around [b]$63/share. [/b] If it goes there, I might consider buying some, but until then, it is nothing but hype. The interviews I saw this morning with the institutional investors and key management were worse than anything I had experience during the .com bubble in terms of fluff and hype.[/quote] I agree with your sentiment, but right now the market price is $170. I think it's ridiculous, and people are being sold a bill of goods, but right now that's the price they are buying it at on the open market.[/quote]
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