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Fiendish Thingy

(24,326 posts)
3. Wow- you've missed so much growth
Thu Jun 11, 2026, 05:13 PM
7 hrs ago

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)
7. Had to, if I wanted to be on disability
Thu Jun 11, 2026, 05:29 PM
7 hrs ago

Most of my portfolio was handed to me by my late grandparents.

Fiendish Thingy

(24,326 posts)
2. If you have a 401k or similar account, you might be without knowing it
Thu Jun 11, 2026, 05:08 PM
7 hrs ago

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.

pat_k

(14,278 posts)
6. If it were just starlink w/o musk, maybe, but xAI and space biz are gigantic losers.
Thu Jun 11, 2026, 05:25 PM
7 hrs ago

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)
8. the ipo is valued at about 1/2 of the asking price.
Thu Jun 11, 2026, 05:36 PM
7 hrs ago

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)
9. Hmmm... that's a thought.
Thu Jun 11, 2026, 05:49 PM
6 hrs ago

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)
11. he's raising money to payoff what has already been spent
Thu Jun 11, 2026, 06:31 PM
6 hrs ago

and his shareholders will still be paying him billions.

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