This SpaceX IPO is just a massive web of fraud, and the more I read about it, the angrier I get.
Posted by doubledown
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Under 150 today?*
Posted by LeatherneckIllini
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We can only hope. Crash and burn, Mav*
Posted by timmer
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The bonds aren't doing so well
Posted by larue33
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I like how the analysts talk about Musk like everything he touches turns to gold
Posted by Stu
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Dead cat bounce! (my favorite investment term ever).*
Posted by LeatherneckIllini
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SNDK down 16% from its all-time high set just yesterday
Posted by timmer
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I'm thinking you're better off buying KO*
Posted by Stu
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Now below the price of its first trade.*
Posted by gullit
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You sure Clark? It's 158 today from an ipo of 135.
Posted by Warrin'_Illini
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That was the initial offer price before it traded. The opening price was $150.
Posted by Stu
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All I care about is what price I got it at.*
Posted by Warrin'_Illini
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All I care about is the price timmer got it at*
Posted by Stu
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I ain’t touching this, ever*
Posted by timmer
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I take it back, I hope Ranger got it at a good price too.*
Posted by Warrin'_Illini
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I love this attitude *
Posted by illiniranger
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Down 31.4%!!!
Posted by timmer
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In trump terms that’s 600%*
Posted by ATL
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thats-a-shame.gif *
Posted by doubledown
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Series of guests on Bloomberg trash talking SpaceX, now it's plummeting in Juneteenth trade*
Posted by Stu
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SpaceX news
Posted by Stu
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Kind of a lot of money for a VS Code fork, but it’s all fake money anyway so whatever. *
Posted by doubledown
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Musk has enough money to buy all US professional sports teams
Posted by Stu
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If you were present for the birth of the baby Jesus and one of the wise men gave you $1M
Posted by VIV
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impressive for a guy who does nothing but weaponize his social platform
Posted by OrangeSox
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yeah, but it's not liquid so it doesn't count
Posted by Sammich
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About $100 billion is liquid
Posted by Stu
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The cost of one of those judges is only a really nice RV, a house in Savannah he grew up in....
Posted by KingTalkyTiki That's walking around money for Apartheid Love on the Spectrum.
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yeah, but it's not liquid so it doesn't count
Posted by Sammich
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Now do it with feeding hungry children.
Posted by KingTalkyTiki
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He could buy 2.4 million middle class homes to house the homeless*
Posted by Stu
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Say what you want about the awfulness of Gilded Age Robber Barons....
Posted by KingTalkyTiki
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And they at least built a few libraries*
Posted by DocWalk20
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Musk is the Jay Gould of this crop.*
Posted by complainant
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Someone wrote $31 million of 225 calls and bought $30 million of 205 puts
Posted by jfinsocal
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Options action - implied volatility over 200% right now.
Posted by jfinsocal
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I'm trying to wrap my head around this. I mean who would've foreseen Amazon in 1996?
Posted by Stu
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Or Pets.com!
Posted by ATL
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Generational run *
Posted by MC
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$200
Posted by timmer
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today I learned it's called Space Exploration Technologies Corp *
Posted by ijustkrushalot
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You misspelled 220
Posted by Stu
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Like I said
Posted by ATL
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OOO
Posted by Stu
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ooo
Posted by ATL
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Can I short sell it yet?
Posted by TarheelIllini
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Interest rates for this would be high I imagine
Posted by jfinsocal
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Never short a meme stock with a minuscule float. *
Posted by doubledown
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He asked if he "can." The answer is "yes"*
Posted by Stu
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options should start trading today; close enough if you want to bet on a drop*
Posted by Potomac
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Wall Street is now operating solely on the Greater Fool theory so I really don’t know
Posted by ATL
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Tesla’s stock is still at a P/E ratio of 370, despite there being no remotely plausible scenario…
Posted by DT
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Yep. They’re both meme stocks, not real businesses. *
Posted by ATL
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Edit: they’re real businesses, just much smaller than their valuations.*
Posted by ATL
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You misspelled 212*
Posted by Stu
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To the moon…..*
Posted by harb
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Not on Starship they’re not *
Posted by ATL
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stonks* :(
Posted by Tortillini
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The beginning of the techpocalypse!*
Posted by Stu
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the Goldman book says company EBITDA will be $352b on $470b in revenue in 2030. Sounds good!*
Posted by cpsteine
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Current EBITDA: $6.58 billion
Posted by Stu
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Seems totally plausible for a company whose valuation is based on AI superiority and
Posted by doubledown
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That’s pretty good margin.*
Posted by DocWalk20
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Data Centers use less utilities in space due to the no gravity thing. I'm sold.*
Posted by Warrin'_Illini
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Too bad they can't be shielded from solar flares
Posted by Stu
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Just saw the S&P news, glad to see sanity prevail.*
Posted by Tortillini
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Cramer just did a nice piece on that on Mad Money
Posted by Potomac
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I nominate this post for the Potomac Hall of Fame.*
Posted by complainant
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