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Anyone buying SpaceX [SPCX] stock on IPO day?

Anyone buying SpaceX [SPCX] stock on IPO day?

  • Total voters
    64
I'm scared it will go well for a month( not spectacular) then die down to fair value when the hype people start selling because they did not become billionares off one 123$ share
 
How do we buy from South Africa though? Every option and broker I've looked at doesnt allow you to participate in the IPO?
 
Frana.mtb said:
Scary stories coming out of America of people taking out loans to buy shares, jirrre there's a bloodbath on the way 💀
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Ag not AGAIN!
Don't people learn? US of A going to bail out their idiots again?

I am not buying. Hard work gets me my money
 
Nast555 said:
Ag not AGAIN!
Don't people learn? US of A going to bail out their idiots again?

I am not buying. Hard work gets me my money
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They're not going to bail out the consumers doing this dumbass shit ......and if all those people start defaulting then the real kak starts


but this isn't going to be 2008 rest easy
 
Switch said:
Might not be 2008, but it is 1929 behavior on borrowing.
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Dumb people being dumb, i just trust that there's more oversight and bigger nets to catch the fallouts of what likely is coming the short term here before it starts bitting at the global consumer market.
 
Switch said:
Might not be 2008, but it is 1929 behavior on borrowing.
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Frana.mtb said:
They're not going to bail out the consumers doing this dumbass shit ......and if all those people start defaulting then the real kak starts


but this isn't going to be 2008 rest easy
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The consumers will kak... the banks are the one's that will need the bailouts.
Pressure on retirement plans and so on.

Murica might need another war to push manufacturing up and sell armaments.
 
Nast555 said:
Murica might need another war to push manufacturing up and sell armaments.
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I hear greenland is a great place to visit this time of year.

But back to the trading side, you might be able to make a quick profit if you buy and sell relatively immediately riding the hype before it fades into reality.
 
Since the xAI merger in February, you're no longer just buying shares in a space company. You're getting Starlink, the fastest growing internet service on the planet, Grok AI, the X platform, and a balance sheet holding roughly $770 million in Bitcoin.

The problem is that Mr. Musk is a huge red flag to me. He has a tendency to say or do things on social media that can easily tank the value of the stock you've invested in. Maybe if he weren't such a public and vocal figure online, it would be a good investment. But with him controlling more than 85% of the voting power, I'd avoid it like the plague.

You're essentially placing a huge amount of trust in one person, and history has shown that a single tweet or public spat can wipe billions off a company's market value overnight.
 
PJtheKILL3R said:
I'll just leave this here for any would-be SpaceX investor.

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While I intensely dislike Musk, the clickbait surrounding the rockets they're building is downright ridiculous. Yes, they've had failures, but critics rarely focus on the successes, the progress they've made, or the potential for these rockets to dramatically reduce the cost of spaceflight in the long term.

 
Trump_Sama said:
While I intensely dislike Musk, the clickbait surrounding the rockets they're building is downright ridiculous. Yes, they've had failures, but critics rarely focus on the successes, the progress they've made, or the potential for these rockets to dramatically reduce the cost of spaceflight in the long term.
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Just watch the video, the video digs deep into the financials and you get to enjoy seeing how any profit that gets made by Starlink is absolutely squandered by everything else leading to a company that can't even have a PE ratio because it has no E.
 
Marklet is opn but spcx is bring up shitall
 
Frana.mtb said:
I'm scared it will go well for a month( not spectacular) then die down to fair value when the hype people start selling because they did not become billionares off one 123$ share
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Went up to 160.95 yesterday and up to 166 post market close
 
Frana.mtb said:
218.54

wtf 😂😂😂😂😂
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Damn, you could have made some decent money if you bought at the $135 IPO price.
I thought of doing that because there was a strong chance the hype train would take the price to mars for a few days/weeks. Then again it could have gone the other way but with the Musk magic onboard it would surely peak for a while as it is doing now, HODL...

Crazy the SpaceX valuation vs actual current profitability, for sure it probably has a very bright future but that's still a decent way off.

"We can say with certainty that this valuation makes absolutely no sense today. People are buying SpaceX in the expectation that others will buy too and push the price ⁠higher - that's speculation," said Ipek Ozkardeskaya, senior market analyst at Swissquote Bank.
The company reported sales of $18.67 billion last year and a net loss of $4.94 billion after merging with money-losing xAI -- in contrast to many of Wall Street's big technology companies that have posted bumper numbers.
SpaceX options activity also began trading on Tuesday."
 
Skylark said:
Damn, you could have made some decent money if you bought at the $135 IPO price.
I thought of doing that because there was a strong chance the hype train would take the price to mars for a few days/weeks. Then again it could have gone the other way but with the Musk magic onboard it would surely peak for a while as it is doing now, HODL...

Crazy the SpaceX valuation vs actual current profitability, for sure it probably has a very bright future but that's still a decent way off.

"We can say with certainty that this valuation makes absolutely no sense today. People are buying SpaceX in the expectation that others will buy too and push the price ⁠higher - that's speculation," said Ipek Ozkardeskaya, senior market analyst at Swissquote Bank.
The company reported sales of $18.67 billion last year and a net loss of $4.94 billion after merging with money-losing xAI -- in contrast to many of Wall Street's big technology companies that have posted bumper numbers.
SpaceX options activity also began trading on Tuesday."
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Same and the whales know this

So i expected some quick ins and outs when people made like 30-40% but its just keeping on, if it goes till the first earnings call(late next month) then i would be astonished but after that it will surely plummet


Fuck there was some quick and easy money on the table here
 
Frana.mtb said:
Same and the whales know this

So i expected some quick ins and outs when people made like 30-40% but its just keeping on, if it goes till the first earnings call(late next month) then i would be astonished but after that it will surely plummet


Fuck there was some quick and easy money on the table here
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Was there anyway to buy into the IPO from South Africa?
 
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