I’m sure some will consider this a hit piece, though I found it an interesting analysis.
They are goals. They are ambitious. He made 20% of 600 goals. That’s 120. That’s 120 more than most people hit in their lifetime.
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Interesting. Here’s the full report: SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO | Morningstar
This may have been posted - the short version is that you may be buying this stock whether you choose to or not. I obviously don’t know how it will work out, but my experience with IPO stocks is that the hype often makes them a terrible purchase in the early days. This may be a different animal, though.
Yea I figured it was highly likely it would be a component of some fund in my retirement accounts.
For you eager beavers, $135/share.
On Thursday morning, SpaceX launched its IPO website for retail investors at spacexipo.com.
SpaceX confirmed it plans to price the offering on June 11, with trading to begin on June 12.
In the filing, the company said it would offer 555,555,555 shares at $135 each, raising $75 billion.
I know this IPO is a big news story and all, but the way the big brokerages are changing their rules to open it up to far more investors than usually have the opportunity to get into IPOs is a big red flag to me. There’s so much hype.
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There is hype, there are some questionable finances in parts of the empire, but
there is only one Musk. I’m aware of the fidelity trading rules on flipping that
are being put in place, but I think it’s reasonable upon the expected volume and
activity. My thoughts are get in early, and after 6 months or so, sell half the shares to recoup what you can. And only put in money you can afford to potentially lose.
The $2,000 requirement should probably be higher, but then you would deny access to many too.
Rocketry is a high risk business, especially on the Starship development side of
things. There will inevitably be more explosions as they work out the v3 problems
and the refueling in space is going to be a pivotal milestone imho.
On the plus(maybe a negative) side, Musk hasn’t been held accountable by the markets. Delays and missed deadlines haven’t really hammered Tesla to this point.
He is almost marketproof.
That should be the golden rule with any investment.
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That’s true until it isn’t.
The Falcon 9 is the most reliable rocket in history, quite the asset
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Agree on falcon 9, except the Saturn V, which had a 100% success rate. lLaunch services on falcon 9 appear actually profitable.
But I specifically mentioned the money pit area…
especially on the Starship development side
Go big or go home
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Yeah, all a part of the risk profile with SpaceX.
Starship development, money pit, will be more explosions, as they push the
boundries
Production Launch Services - profitable
Starlink - Profitable, but competition coming via Amazon satellite network
X black hole, money pit
xAI, money pit and lowly rated Grok.
If you could buy just the 2 winners it would be no brainer it seems. But Musk needs
the moneymakers to help offset the cash burn on Starship development and xAI.
Just before SpaceX IPO , Musk shares anit-immigrant posts on social media.
Using the incident of a legal immigrant charged with attempted murder by stabbing of Irish man.
I’m not sure what your post means in relationship to the stock offering.
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It could mean he is so confident of becoming the worlds first trillionaire, he is
not worried about public backlash at all.
Or it could mean some people think it could potentially impact the IPO in some way ( I don’t believe that it will ).
This has everything to do with the IPO.
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