Space X IPO

[jamesedwards]

The same capitalist society that has delivered a handful of examples of obscene wealth is the very same capitalist society that has cut extreme poverty from 69% to 9% over the last 125 years.

Where on earth did you get those figures from !!
Tico

Anywhere on Google. eg https://ourworldindata.org/extreme-poverty-in-brief

[JuiceyJones]

On reflection, I played this IPO very poorly.

Given the restrictions of low float, non-flipping of retail within 2 weeks, private equity pricing it at an open if $158, which was phenomenally accurate, I should of bought on Robinhood and hoped for a 15-30% allocation of what I requested.

I now been shorting at $170, buying at $160, but now feel even this is wrong.

The company is priced at 110 times revenue. Very, very
few good investments come from that valuation.

After some of the lock- up periods have expired I will be a major shorter. DYOR / I am just a guesser

We are all just guessers. Some good, some bad and some average.

[JuiceyJones]

I'm just tipsy for them to start mining asteroids in a few years. Bruce Willis and Ben Affleck probably be a bit to old to send by then though.