Anyone buying SpaceX [SPCX] stock on IPO day?

[Frana.mtb]

See the tech industry climaxed that shit last few days with a blood bath today.....yesses

spacex up to 115

 

[L-Dog]

Think its a decent buy between $100 - $110, will need to monitor unlocks could go much lower but people love Elon and Speculation so the upside makes the gamble worth it for me.

 

[thecurto]

Down over 13% today after their earnings call yesterday which revealed they are haemorrhaging money on AI costs.

And 912 million insider shares will be unlocking tomorrow so I wonder how many people will be panic selling then running for the hills.

It could be a complete bloodbath tomorrow

 

[Frana.mtb]

Down over 13% today after their earnings call yesterday which revealed they are haemorrhaging money on AI costs.

And 912 million insider shares will be unlocking tomorrow so I wonder how many people will be panic selling then running for the hills.

It could be a complete bloodbath tomorrow

yikes


I might dip in if it really dips below 80 which is now looking very possible

Feel for the people that took out loans to buy at 140 ...

 

[Procurement.Guy]

I am really enjoying see this AI hogwash go live and then burning.
Can't wait for Scam Faultmann and his dogshit to go public. Then this sick show is over, and will collapse fast.

 

[Frana.mtb]

I am really enjoying see this AI hogwash go live and then burning.
Can't wait for Scam Faultmann and his dogshit to go public. Then this sick show is over, and will collapse fast.

Doubt


The computing power still exists and good companies will still find a way to harness it in a profitable way.


Ai itself will hopefully evaporate


spcx is on the up this past week

 

[Procurement.Guy]

good companies

Do those still exist? Because since Covid i only see machines designed to extract value from us, the user getting poorer by the day. The days of real companies led by genuine people who want to make life better seems to have evaporated.

 

[Frana.mtb]

Do those still exist? Because since Covid i only see machines designed to extract value from us, the user getting poorer by the day. The days of real companies led by genuine people who want to make life better seems to have evaporated.

Yes they do, they extract maximum profit for the shareholders ...see any of the top 250 players on the sp500


Consumer focused has long since left the chat

 

[Procurement.Guy]

Yes they do, they extract maximum profit for the shareholders ...see any of the top 250 players on the sp500


Consumer focused has long since left the chat

That's kinda sad. I remember a time when McDolan actually tasted like something.

 

[Frana.mtb]

That's kinda sad. I remember a time when McDolan actually tasted like something.

I also remember those days , but i was in primary school.

Adapt and move on cause the world isn't going to stop for you or me

 

[Trump_Sama]

Doubt


The computing power still exists and good companies will still find a way to harness it in a profitable way.


Ai itself will hopefully evaporate


spcx is on the up this past week

Yeah no, the biggest AI company in the world still cannot turn a profit.

OpenAI has made $13 billion in annual revenue, but they made a net loss of roughly $38.5 billion.

OpenAI's $38B Loss: A Different Story Behind the Numbers | Alvin Foo posted on the topic | LinkedIn

The Headline Says OpenAI Lost $38 Billion. The Numbers Tell a Different Story. The leaked 2025 financials are generating predictable headlines: “OpenAI lost $38 billion.” But that headline obscures what’s actually happening. Looking at the underlying operating business, OpenAI generated...

www.linkedin.com

95% of companies that have tried to incorporate AI haven't made any money from the technology, according to a recent report from MIT.

https://medium.com/@Fransantolo/95-of-corporate-generative-ai-projects-fail-mit-study-finds-47ad5d50db32

42% of companies have abandoned the majority of their executive-approved AI initiatives.

Why 42% of Enterprise AI Initiatives Got Abandoned in 2025

The jump from 17% to 42% in one year is not about the technology. Here is what the survivors did differently.

fluidlabs.com

I hope this AI shit flops harder than the NFT bullshit.

 

[Frana.mtb]

Yeah no, the biggest AI company in the world still cannot turn a profit.

OpenAI has made $13 billion in annual revenue, but they made a net loss of roughly $38.5 billion.

OpenAI's $38B Loss: A Different Story Behind the Numbers | Alvin Foo posted on the topic | LinkedIn

The Headline Says OpenAI Lost $38 Billion. The Numbers Tell a Different Story. The leaked 2025 financials are generating predictable headlines: “OpenAI lost $38 billion.” But that headline obscures what’s actually happening. Looking at the underlying operating business, OpenAI generated...

www.linkedin.com

95% of companies that have tried to incorporate AI haven't made any money from the technology, according to a recent report from MIT.

https://medium.com/@Fransantolo/95-of-corporate-generative-ai-projects-fail-mit-study-finds-47ad5d50db32

42% of companies have abandoned the majority of their executive-approved AI initiatives.

Why 42% of Enterprise AI Initiatives Got Abandoned in 2025

The jump from 17% to 42% in one year is not about the technology. Here is what the survivors did differently.

fluidlabs.com

I hope this AI shit flops harder than the NFT bullshit.

If AI goes belly up tomorrow then that STILLL does not make 10 Million workstation GPU's useless hardware

The computing power still exists and good companies will still find a way to harness it in a profitable way.

 

[Trump_Sama]

If AI goes belly up tomorrow then that STILLL does not make 10 Million workstation GPU's useless hardware

Nobody said the GPUs suddenly become physically useless. The point is economic usefulness and value.

If AI demand collapses, 10 million GPUs can still function perfectly while becoming massively oversupplied, losing value and sitting underutilised. Example after mining bitcoin became unprofitable so the market got flooded with GPU's.

“It's still usable” isn't the same as “the investment and demand remain justified.”

 

[Frana.mtb]

Nobody said the GPUs suddenly become physically useless. The point is economic usefulness and value.

If AI demand collapses, 10 million GPUs can still function perfectly while becoming massively oversupplied, losing value and sitting underutilised. Example after mining bitcoin became unprofitable so the market got flooded with GPU's.

“It's still usable” isn't the same as “the investment and demand remain justified.”

So what is the point you're trying to make ?


That demand and supply are inveresely related ? The big burst of this bubble you're wishing for isn't close, its not even on the horizon, when it comes (which i 100% believe it is) the whole market won't collapse cause something will have come around to take soak up the oppertuinity of cheap processing power(yes i think there's a cliff coming but this whole end of the world thing everyone cries about isn't happening)

These cycles have been happening since henry ford decided to split up workstations and they will continue happening long after traditional GPU's have actually become unusable

 

[Trump_Sama]

That demand and supply are inveresely related ? The big burst of this bubble you're wishing for isn't close, its not even on the horizon, when it comes (which i 100% believe it is) the whole market won't collapse cause something will have come around to take soak up the oppertuinity of cheap processing power(yes i think there's a cliff coming but this whole end of the world thing everyone cries about isn't happening)

When the biggest AI companies are struggling to turn a profit, 95% of companies using AI report no meaningful financial return, and 42% of companies that implemented AI have already abandoned their projects, that's not exactly what I'd call a healthy market.

And if the AI bubble does eventually burst, NVIDIA isn't going to disappear. They'll simply go back to selling GPUs for gaming and other traditional workloads, like they did before the AI boom. The hardware doesn't become useless the insane AI driven demand and valuations do.

 

[thecurto]

Up 35% in a week against all logic. Make it make sense

 

[Trump_Sama]

Daddy is going to make some hookers and blow money.

 

[RedPipe]

Do those still exist? Because since Covid i only see machines designed to extract value from us, the user getting poorer by the day. The days of real companies led by genuine people who want to make life better seems to have evaporated.

I maybe blasted by this but anyway what about Elon and his companies? They have improved life on a few things.

 

[Procurement.Guy]

I maybe blasted by this but anyway what about Elon and his companies? They have improved life on a few things.

Im not going to give you shit. Are you referring to the cheap and widely available internet?

 

[RedPipe]

Im not going to give you shit. Are you referring to the cheap and widely available internet?

That plus:
- Making space access much more cheaper, saving us tax payers for one lots of money
- Bringing EVs into the mainstream
- This:

 

[thePridge]

Do those still exist? Because since Covid i only see machines designed to extract value from us, the user getting poorer by the day. The days of real companies led by genuine people who want to make life better seems to have evaporated.

Consumer focused has long since left the chat

I don't drive a lambo because I care too much and charge too little. lol

 

[thePridge]

I saw this thread last night and thought "I wonder what the stock looks like currently...?"

According to the google machine it launched at $160 on 12 June, went up to $185 over the next two days and then dropped to $108 by the end of July and is sitting at $146 today.

I wonder what the volume is like. Like die a bunch of people buy on the launch and then staff/elon etc unload from the high down to the low? Did the staff that reportedly "became millionaires" have vested stocks that had actually... vested? Or are they millionaires based on the value of the "future" stock they will get after X years/Y milestones?