General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo, who's in on SpaceX's IPO? NOT ME!!
I'm not giving one red cent (a soon to be obsolete expression!) to that asshole!!!
sakabatou
(46,462 posts)Fiendish Thingy
(24,326 posts)Despite the volatility over the past 15 years, the Dow has gone from 13,000 in 2007 to over 50,000 now.
A balanced, diversified portfolio would have weathered all the storms during that time period.
sakabatou
(46,462 posts)Most of my portfolio was handed to me by my late grandparents.
Fiendish Thingy
(24,326 posts)They are selling half a billion shares in the IPO, so chances are most index funds will have at least a sliver of SpaceX in them.
rampartd
(5,344 posts)and run to argentina.
rampartd
(5,344 posts)elon needs to be shrunk.
pat_k
(14,278 posts)Even at that, I'm sure they would be going for obscenely over-inflated valuations
Operating losses -- particularly of xAI -- swamp starlink operating income.
Just another way to pump up the AI bubble to bursting by burying xAI under the SpaceX "brand."
rampartd
(5,344 posts)i made a little money by shorting djt on its way down. if i can do something similar here, maybe.
pat_k
(14,278 posts)It is also my understanding that the primary reason he's seeking to raise capital is to pay creditors and investors. Even if it hits the target, a lion's share is earmarked, leaving very little to invest in growth.
So, instead of putting money into a company on the assumption that money will be used to build up the company, he's raising money to payoff what has already been spent to get to the losing place they are.
Or perhaps my understanding is overly simplistic. All I know is that to me it sure looks like an "the emperor has no clothes" situation.
rampartd
(5,344 posts)and his shareholders will still be paying him billions.
CanonRay
(16,302 posts)No thanks.
Torchlight
(7,136 posts)Can't think of anyone else this already doesn't cover.