I'll be buying it indirectly since I'm holding a handful of shares in a space ETF. Already stocks are rising before the IPO in adjacent sectors because loads of people are expecting the Space X IPO to raise waters and the ships with em.

From my limited experience, no one really gives a shit about the company's actual current day value... They only care about the hype, and future possibilities, everyone is looking to get in on something when the price is low, watch it multiple, sell half and profit, hold the rest... Find out later if there isn't any actual profit or product in the company and sell before then.

Or you have a CEO that's extremely good at bending the economy to their will via marketing, killing off superior products just so yours sells better...

I'll be buying it indirectly since I'm holding a handful of shares in a space ETF. Already stocks are rising before the IPO in adjacent sectors because loads of people are expecting the Space X IPO to raise waters and the ships with em.

From my limited experience, no one really gives a shit about the company's actual current day value... They only care about the hype, and future possibilities, everyone is looking to get in on something when the price is low, watch it multiple, sell half and profit, hold the rest.