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
- Posts: 10753
- Joined: Sat Sep 03, 2016 3:42 am
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.
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ShaunWhite
- Posts: 10753
- Joined: Sat Sep 03, 2016 3:42 am
36% last month, 218% in 3 months.-
ShaunWhite
- Posts: 10753
- Joined: Sat Sep 03, 2016 3:42 am
The real winners were the staff paid partly in stock ....
At SpaceX’s projected $1.77 trillion valuation, some 4,400 current and former employees will become millionaires and about 400 of those staffers are set to become “centimillionaires,” with holdings valued above $100 million.
At SpaceX’s projected $1.77 trillion valuation, some 4,400 current and former employees will become millionaires and about 400 of those staffers are set to become “centimillionaires,” with holdings valued above $100 million.
Nearly every person I know in San Francisco is always hopeful that they'll be paid in stock and get the ultimate payoff for a lot of these startups.ShaunWhite wrote: ↑Fri Jun 12, 2026 4:45 pmThe real winners were the staff paid partly in stock ....
When I took my daughter and her boyfriend to LA, we did a visit to the SpaceX headquarters in Hawthorne. Given what's happening I was hoping they'd be able to use that as some kudos for saying "I've been there".
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wearthefoxhat
- Posts: 3738
- Joined: Sun Feb 18, 2018 9:55 am
The S&P said, NO to fast tracking into their index (not profitable in the first 4 quarters), whilst Nasdaq said YES, essentially forcing 401k pension funds and Joe public to passively buy the stock (and secure a successful launch).
It's also wrapped up as an AI company, not a Space exploration company in its prospectus. 85%/15%.
Elon became a "Trillionaire" before I did, so fair play to him on that one....
It's also wrapped up as an AI company, not a Space exploration company in its prospectus. 85%/15%.
Elon became a "Trillionaire" before I did, so fair play to him on that one....
I sort of think this is why the U.S. works because you can take as much or as little risk as you like. Bad experiments die and good ones survive. However I'm with most people on this that because the rules on NASDAQs are a bit more lax and this is an entirely speculative purchase, I don't think funds should necessarily be forced to buy into this.wearthefoxhat wrote: ↑Sat Jun 13, 2026 7:47 amThe S&P said, NO to fast tracking into their index (not profitable in the first 4 quarters), whilst Nasdaq said YES, essentially forcing 401k pension funds and Joe public to passively buy the stock (and secure a successful launch).
It's also wrapped up as an AI company, not a Space exploration company in its prospectus. 85%/15%.
Elon became a "Trillionaire" before I did, so fair play to him on that one....
Shaun/Peter
I've been thinking about investing some additional money for my Grandaughter (10) for when she reaches 21
This will be in addition to some 'safer' invetsments i already have for her
Risk Tolerance: Medium top high for good growth
Where would you consider putting it?
Id be interested in your thoughts please
Regards
Peter
I've been thinking about investing some additional money for my Grandaughter (10) for when she reaches 21
This will be in addition to some 'safer' invetsments i already have for her
Risk Tolerance: Medium top high for good growth
Where would you consider putting it?
Id be interested in your thoughts please
Regards
Peter
I've seen loads of posts on X saying how unfair it is that Elon Musk is worth so much money but it's amazing how often people confuse valuations with actual money. So I posted this: -
A lot of people are looking at the SpaceX flotation and concluding that Elon Musk just "made" hundreds of billions of dollars overnight.
That's not really how it works.
SpaceX raised around $75bn in its IPO. Yet the market valued the company at more than $2tn.
In other words, only about 3.6% of the valuation changed hands in actual cash.
The rest is simply what investors believe the entire company might be worth.
Last year SpaceX generated roughly $18.7bn in revenue and lost around $5bn. Yet investors are willing to value it at more than $2tn because they're buying the possibility of what it could become, not what it is today.
That future value might prove justified. It might not.
But it's a useful reminder that valuation is not cash in the bank, and it isn't money that Elon Musk can spend. It's an estimate of what the market thinks the company could be worth based on an uncertain future.
People often confuse valuation with wealth. They're not the same thing.
A lot of people are looking at the SpaceX flotation and concluding that Elon Musk just "made" hundreds of billions of dollars overnight.
That's not really how it works.
SpaceX raised around $75bn in its IPO. Yet the market valued the company at more than $2tn.
In other words, only about 3.6% of the valuation changed hands in actual cash.
The rest is simply what investors believe the entire company might be worth.
Last year SpaceX generated roughly $18.7bn in revenue and lost around $5bn. Yet investors are willing to value it at more than $2tn because they're buying the possibility of what it could become, not what it is today.
That future value might prove justified. It might not.
But it's a useful reminder that valuation is not cash in the bank, and it isn't money that Elon Musk can spend. It's an estimate of what the market thinks the company could be worth based on an uncertain future.
People often confuse valuation with wealth. They're not the same thing.
If she's very young, you may as well invest in a tracker of some sort. Either that or split it 50% tracker and 50% speculative. When they're very young you can take a lot of risk.PeterLe wrote: ↑Sat Jun 13, 2026 10:50 amShaun/Peter
I've been thinking about investing some additional money for my Grandaughter (10) for when she reaches 21
This will be in addition to some 'safer' invetsments i already have for her
Risk Tolerance: Medium top high for good growth
Where would you consider putting it?
Id be interested in your thoughts please
Regards
Peter
I've benefited massively from investing in the US so make sure you have a geographic spread.
Having spent a lot of time in the U.S., it was easy for me to make that decision.
My rule of thumb with my children is to put them into more speculative investments and they can de-risk it as they get older. But I've also got some classic long-termers in there.
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jamesedwards
- Posts: 5867
- Joined: Wed Nov 21, 2018 6:16 pm
The human race is definitely dumbing down before our very eyes. Social media is now a disease spreading doltishness wherever it touches.