SpaceX IPO priced at $135 per share, values company at $1.77 trillion

Ed Burmila102

The best part about the $7.80 book value is that it's actually a $2 book value plus a bunch of money from new investors.

Jonathan72

So basically when the stock goes live and my retirement money is dumped into it, which I have no choice over, I'm going to lose all my retirement money

Davis X. Machina64

Trading the cow not for gold, not for magic beans, but for select tranches of innovative magic-bean-derived financial instruments.

So the stocker ticker is ONEBORNEVERYMINUTE

C.V. Danes31

This epic turd stinks to high heaven, and first order of business should Dems regain power is investigating this top to bottom for fraud. Because it's full of it.

Altrue31

Just one more 100B bro. Just one more 100B and you'll see, it will get profitable. Trust me bro. 💉

Mike Lowder29

I'd say this is gambling, but gambling has better odds.

buddee.bsky.social28

Ya know, I'm not the sharpest tool in the shed...my gifts are in other areas, but I just want you to know how much I appreciate you sharing your knowledge on this subject.

Dan Davis17

Isn’t it interesting that SpaceX, OpenAI, and Anthropic are all trying to shift their massive hoax burdens to a gullible stock market at about the same time? This is an unprecedented level of blood in the water that will poison it for years.

Full Name17

Holy capital gains tax liability, Batman!

Will ~ Data Center Drainer14

These guys look at IPO as the end. That's where they get out. They don't care what happens after, even if jackass investors are dumping everyone's retirement into it. They're out of moves after NVDA. They don't know what to do now, so it's just "maybe AI then"

ink0r11

I can tell you as a mechanic, space x offers low wages to be a part of their bullshit

10DogMom 🇺🇦🇺🇲🐕11

Curious as to whether hodling SpaceX stonk is like stealing an erection.

kbethany.bsky.social8

I honestly don’t understand how this kind of bullshit is even allowed. When my last employer went semi public (with debt) we had to do it on the Ireland exchange and to institutional investors only because it was deemed retail investors wouldn’t understand the risks of the bond offering.

Circle of Love8

Not an investment Buffett would make. It’s obvious this space IPO is primarily a vehicle for Musk to turn himself into a trillionaire, piggybacking on retirees 401k's while leveraging his own risk. If it's so promising, why wouldn't he fund it entirely with his own assets and keep all the profit?

Aibo - Zonny7

🫀 Healthcare insurance was already unaffordable. We still paid it. Then it jumped because of Trump’s Big Ugly Bill🇺🇸. And here’s the part people need to remember: most of the bill’s pain doesn’t even hit until AFTER 2026 midterms.

WildlifeGardener7

Jesus Christ. I hope Vanguard, Fidelity and TIAA are staying away from that shitshow. (My retirement account guardians)

Librarian Capital7

I don't disagree with the thesis, but wouldn't start with TBV The same logic would compel you to say that buying JPMorgan shares (TBV ~$130) give an instant 41% dilution Some well-known companies have negative TBV (Philip Morris, McDonald's, etc.)

automaton4u.bsky.social6

It's not a meme stock, it's a cuck stock. And Americans will be lined up

Epinnoia5

"I'll gladly pay you Tuesday for a hamburger today." -- Wimpy

Lea5

This sounds like a great place to put our retirement money. How far away from Black Tuesday 2.0 are we?

"June gay"5

Will the IPO also include an ownership share in the race riot app? 🤔

iam-s-Hon5

Just like trump… other people’s money Also, billionaire sports teams owners who want new stadiums paid for with an awful lot of public, taxpayer money.

dredecopp.bsky.social4

ITS A GRATE DEAL JUST LIKE TESLA STONK

Circle of Love4

Mars is too far, too speculative and at best gets a few paying billionaires for the trip,,, some day. The not yet profitable SpaceX satellite launching business has a legion of competitors at its heels soon able to undercut its profitability.

freakanatcha.bsky.social3

Smoke is coming out of Jim Cramer's BUY button, he's pounding it so hard!

Andrew Horn, allied and relatively proud3

Space X is blowing up, people! Get in on it before it's gone!

Raoul Meyer2

Your thread is very thorough, but can you please explain more simply why people would buy stock in a company that has very little chance of ever being profitable.

JZ2

Yea but they own so many appreciating assets like the cybertrucks they bought bro!

larreongrl.bsky.social2

Asking genuinely- can someone explain to me what it is that SpaceX actually does that would have any investor excited? Like what are they theoretically making/doing that isn't already a visible failure (Grok, X) or just bobbing along (Starlink)? I don't see how they are luring anyone in to this?

Ben2

Building a pyramid to the moon?

The chicken lady2

Also: you help a Nazi, who uses child porn on my messaging app AI, that is also used at Pentagon systems and to stoke racist murder and violence in countries I don't live in

Witty Librarian Resistance2

I'm looking at that and I'm figuring we're better off investing in fedora hat futures. (After Spider-Noir, there should be a huge demand, all I'm saying)

Larry Jackson2

The exploding rockets are the perfect metaphor for the stock price.

GEIST 🇪🇺3

Can we eat him now?

BigBoy2

Youll have liberals look you in the eyes and tell you there was no way for dems to have known that giving a south african racist unlimited government contracts was a bad idea

Jerry Shaver4

Fools and their money will be parted.

Ackart5

Late 90s had some of the largest IPOs as well. Wonder what happened to them

Edgar Friendly2

I love that scene from Silicon Valley where the main character is wrestling with the initial valuation of his company, and he asks a Roman-candle-former-CEO if he thought about “asking for less,” and the other fellow just starts screaming into his hands.

Samhain Night2

The Titanic was the biggest ship in history