I was offered this many times, but it's a no from me. I tend to avoid IPO's as they generally are an exit point for investors, who can offload risk.
OK, lots of potential and stuff but that's a pretty rich valuation and you don't even get equal voting rights.
My guess it there will be a lot of speculative activity on the shares for some time, so who knows where it will settle.
Amazing to have raised so much money $85b I think?
Space X IPO
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ShaunWhite
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Something like 30% has been allocated to retail so I think they're hoping price to be driven by the cult of Musk. But institutions might balk at the prospect of a valuation heading north of $2t, $3t and beyond. Like you I'm swerving it, wasn't it Meta who were down on IPO, Rivian similar?
Long term the value is going to hinge on govt contacts post Trump, Europe's appetite for Starlink, and cheap launch capability from China and India etc. Together with a highly unpredictable CEO that's not a recipe for a safe stock.
Probably some early gains to be had, but I wouldn't be suprised to see it underwater by the winter.
85bn raised so far is impressive but that's only about 5% of the ask. You know how these things go Peter, avoid and it'll go through the roof, buy and it'll drop like a stone
Long term the value is going to hinge on govt contacts post Trump, Europe's appetite for Starlink, and cheap launch capability from China and India etc. Together with a highly unpredictable CEO that's not a recipe for a safe stock.
Probably some early gains to be had, but I wouldn't be suprised to see it underwater by the winter.
85bn raised so far is impressive but that's only about 5% of the ask. You know how these things go Peter, avoid and it'll go through the roof, buy and it'll drop like a stone
Last edited by ShaunWhite on Fri Jun 12, 2026 2:33 pm, edited 1 time in total.