Even if the stock dips soon after the IPO, getting in early on a huge IPO such as this historically pays off huge in the long run.
Then why don’t they want to abide by the normal 12 month seasoning time period?
Comment on SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
Bob_Robertson_IX@discuss.tchncs.de 1 day ago
Back when I used to collect comic books I’d always get excited by the ‘book value’ of something I owned, and my dad would always tell me “No matter what the price guide says, that comic is worth only what someone is willing to pay for it”.
Most people who are going to buy into SpaceX are likely going to do it out of love for space exploration and a desire to be a part of SpaceX.
Even if the stock dips soon after the IPO, getting in early on a huge IPO such as this historically pays off huge in the long run.
Count042@lemmy.ml 1 day ago
artyom@piefed.social 1 day ago
Unfortunately they were merged with xai so they will likely go down with the ship
megopie@beehaw.org 1 day ago
They’re only going public with 5% of the shares to constrain supply and push up price and thus net evaluation. They’re also probably going to have to get rid of Xai as it is a dead weight on the company as a whole.
It’s going to be very messy and if people want anything to do with it, probably best to wait a bit longer and buy when it’s dropped substantially in value.
First_Thunder@lemmy.zip 1 day ago
Thing is, they’re aiming at that exact kind of investor to pump their valuation, by selling relatively few shares