With SpaceX IPO happening soon there is a lot of buzz around the stock. The valuation of $1.75 trillion seems to price in a lot of future success and earnings which may limit the upside, but with it going to S&P and NASDAQ so quickly maybe it will push to $3-4 trillion within a couple weeks?
I'm undecided at this point, tending toward no.
I think SpaceX is a cool company that has done a lot of impressive stuff for space flight, but I am not going to be holding the bag on the initial stock crash.
It will crash indeed, but then it will recover. 2-3T next year is nott impossible
Company is REALISATICALLY worth 200B tops.
100% a possibility.
My fairly tame and safe prediction: The "Buy the dip" window will occur within the first quarter, near the latter part of it.
Such as?
This should be fun. I know for a fact that everything their company has done are projects the Democrats forced the DoD to abandon in the nineties. If it wasn't for the faggots in the military oversight committee it all would have been completed in the mid 2000s.
Musk didn't invent in air routing, he didn't invent low earth orbit, and he didn't invent reusable capsules. I was trained by the guy who did invent in air routing, among several other fascinating technologies.
Musk is a brogrammer who is great at selling government projects back to the government.
This guy gets it. It's also why Musk was a "card carrying" democrat for years.
They hollowed out NASA then pissed on it's grave.
Fuck these clowns.
Why do you think it will crash? Eventually maybe after many years of failures, but being fast tracked into NASDAQ and S&P 500 should boost the stock a lot? Its slated to IPO as one of the 10 most valuable companies in the US.
Maybe crash isn’t the best phrasing, but I anticipate that there will be a lot of early investment off the hype of a company that I think deserves a high valuation that will push the cost to an extreme level, eventually becoming overvalued before a “mini crash” occurs that drops the stock, plus whenever the AI bubble pops (if it does) that will tank the price as well.
Long-term it’s probably a good investment but if I’m trying a short-term strategy I wouldn’t put a lot of money into it.
Humor me, the original post already stated that the stock starting at an "extreme level" as the total revenue isn't even in the top 200, but the valuation will put it in the top 10. You seem to indicate that it will pump even higher, so why not jump in and sell to a "greater fool" once it hits 4 - 5 trillion? That's what I'm thinking.
The question is will you be able to dump it to a greater fool in time haha.
i heard its being fast tracked into the nasdaq100. Not really the spx500