SpaceX IPO june 12th, 135 is the price

I’ll reiterate the point again. It was very simple and you’re straying away from it. You said in 2016 that the markets could be volatile and don’t get involved. And look what happened. Trump had better returns compared to Obama, Biden or George W. Bush. You’ve also made other threads before Trump took office during a second term, warning people about the dangers of investing in the market when Trump‘s president. You’re wrong. That’s the point.

Data? Sure it was already shown Trump’s market outperformed Biden, Obama and George W. Bush. And you bring up Jimmy Carter and Donald Trump in the same sentence. Hmmm?

View attachment 1268780

Here’s what would help if you simply acknowledge that during Trump‘s first term the market performed well. You’re not doing it. I don’t expect you to do it. You’ll probably talk more about your personal work with stocks, subscriptions and what not. None of which anybody can verify. But I’ll take your word at it. You got one thing right in this thread with a minor percentage profit off of shorting a stock.
Most of the increase is due to AI stocks, given that since January 2025, the NASDAQ100 (mostly Tech stocks) has appreciated 25%, the SPX appreciated 24%, and the DOW has appreciated 17%.

Here are some facts that you will not like and likely will dismiss:

AI Overview

During former President Joe Biden's term from January 20, 2021, to January 20, 2025, the major U.S. stock market indices achieved significant cumulative price appreciation: [1, 2, 3]
  • S&P 500 (SPX): Increased by approximately 55% to 56%.
  • Dow Jones Industrial Average (DJIA): Advanced by more than 38% to 39%.
  • Nasdaq-100 (and Nasdaq Composite): Jumped by roughly 43% to 49%, heavily fueled by the technology sector and artificial intelligence
and even better:

AI Overview

During President Barack Obama’s first term (January 20, 2009, to January 20, 2013), the major U.S. stock indices experienced massive growth as they recovered from the 2008 financial crisis. [1, 2]
  • Dow Jones Industrial Average (DJIA): Appreciated by approximately 65% to 72% (gaining between 5,200 and 5,400 points).
  • S&P 500 (SPX): Appreciated by approximately 81% to 83%.
  • Nasdaq 100: Appreciated by roughly 100% to 104% (more than doubling from its 2009 inauguration baseline).
 
So, in my deep sorry over the pain of realizing how badly my family had let TDS affect their actual opinion of me, and how it allowed me to 'space' confirming, I sadly bought 20 @ the top almost yesterday, $173. What a sorry day, but I've got plenty of irons in the fires, I'll just hold them. Someday, they will make me $$$$.
 
That is wrt Fidelity. But with Robinhood you are allowed to buy and sell on the same day even with an IPO. What specifically happened with Robinhood and Schwab for that matter is for about two or three minutes after SpaceX debut these apps froze and people were locked out of selling their SpaceX shares. But after that, I was able to sell my SpaceX shares which I did on Friday evening USA time( I’m in the Philippines)

Sorry about your family tds troubles, but there’s always another stock out there down the road to invest in and make profit.
Ok, When I first heard that this IPO was going to have shares for the regular Joe, I thought I had heard that all outlets would have time limits on how soon you could sell, obviously I only paid attention to my house, Fidelity.
 
You didn't read the fine print. Fidelity told me I had to hold them for ten days minimum. Had I not had to deal with family TDS issues, I wouldn't have 'spaced' confirming my interest Thursday night. Otherwise I may have gotten 25 @ $135.
/----/ What does TDS have to do with SpaceX?
 
Yes, the stock is trading around a 100x P/S ratio(price to sales ratio). Starlink is the one part of SpaceX that is very profitable. But other areas of SpaceX are struggling profit wise that is. The rocket and AI division of SpaceX have been operating at losses.

But this doesn’t always matter in the market. This is largely a sentiment driven stock currently and that’s fine for investors. Money is money profit is profit. The idea that folks have is that sometime down the road this will be a very profitable company.

What is overcoming the high P/S ratio would be as you and others have said the government contracts and other company contracts SpaceX has.

For folks who put in premarket orders before 9:30 AM they were able to acquire the stock at $150 a share. This includes myself and many others. But what I believe happened is as soon as 9:30 AM hit the shares spiked in value. So for folks who did not have a premarket order, they did not get the $150 a share. I know on my Robinhood account I put in a premarket order at around 6:30 AM when my IPO shares were only filled with regards to 1 out of 49 shares. My Robinhood account says that my 49 remaining shares were filled at 9:30 AM at $150. And as soon as the IPO opened at 9:30 am I looked on the account and it’s trading around $167.

A few final points. The bears and dimmers were simply wrong. There were those who thought that even on the IPO day that there will be some sort of a catastrophic rug Paul. It never happened. These are in big numbers anti-Elon Musk haters. And when it comes to investing, people should never let emotions get the best of them or political differences. Throw that all out the roof. There’s probably plenty of things. I disagree with Elon on. But his company Tesla has been an amazing return for our investors. Had plenty of folks made a nice profit of 5 to 30% on Friday if they bought and sold SpaceX on the same day.

My thoughts going into next week I do believe there might be a dip in the stock. I think it might get as low as 140 if not lower. I could be wrong about that, but that’s my feel. Long-term however it is surely a solid investment.
right but elon was buying up nvidia cards before they went bonker and hording them
it's now paying off.......he has data center bandwidth allocation for 26B a year just for rent

that change from break even or losing to winning
 
Sounds like much ado over nothing, as is the usual case with over-hyped low or no profit tech stocks. Haven't heard a lot from the crypto-cons lately either. I think it's dawning on a lot of gamblers they may have way too much money tied up in worthless crap and are just playing musical chairs with each other and nothing with any value.
 
/----/ What does TDS have to do with SpaceX?
Nothing, except KI found out exactly how bad it can affect a person's outlook even on their own family member and that made me very very sad and out of sorts. I am sorry if it offended you by even mentioning it, but I know for a fact now that Trump Derangement syndrome in not a joke. It is serious and forgive me for this off topic tangent. I WILL start another thread about it maybe someday.
 
It looks like the Iran US deal could keep the stock pushing forward. Maybe even get up to 180 by markets end. Although I don’t know for sure.


The Iran US deal changes my view of the stock going down in value this week. Though there is a fed meeting I believe this week on Wednesday… bad news from that could negatively affect SpaceX.

Anyway I got out of SpaceX at 165 with a one day 10% profit. One thing with stocks is you don’t wanna kick yourself too much for selling and then seeing the stock go up after selling… that is simply how this business works and it’s a part of the industry. I know there’s many older folks who held Home Depot or Google or Microsoft years ago and sold it at a considerably lower price compared to what it’s worth now. It’s just simply how the industry works. Cannot get too stressed out over it.
 
For those saying, they are “waiting for the stock to drop or waiting for things to play out”. When it comes to SpaceX this might be a bad tactic. This equity could shoot as high as $300 a share before dropping 20% in value. As opposed to the theory that It could go down to say 140 or lower in these next few weeks.
 
/—-/ I’m holding about 30 shares. I got the IPO on 12 at $135.
I’m going to try one of the new ETFs launching today. It’s a day trade.
View attachment 1269416View attachment 1269416
I’m looking at some of the 2X SpaceX ETFs. At least on Robinhood it doesn’t say what the expense ratio is yet. Or the borrow rate these are two things that I have usually seen shown when it comes to 2X ETFs for stocks. I suppose maybe because it’s the first day but usually the expense ratio on these types of products are 1 to 2%.
 
/—-/ I’m holding about 30 shares. I got the IPO on 12 at $135.
I’m going to try one of the new ETFs launching today. It’s a day trade.
View attachment 1269416
I’m looking at some of the 2X SpaceX ETFs. At least on Robinhood it doesn’t say what the expense ratio is yet. Or the borrow rate these are two things that I have usually seen shown when it comes to 2X ETFs for stocks. I suppose maybe because it’s the first day but usually the expense ratio on these types of products are 1 to 2%.
/----/ At the end of the trading day, I'll sell my 200 shares and post any profit or loss.
 
For those saying, they are “waiting for the stock to drop or waiting for things to play out”. When it comes to SpaceX this might be a bad tactic. This equity could shoot as high as $300 a share before dropping 20% in value. As opposed to the theory that It could go down to say 140 or lower in these next few weeks.

No need to wait on that, plenty of other stocks, in companies that actually make profits, out there; no need to buy crap selling at 200 times earnings and already running into bottlenecks and will soon have to be bailed out by the Feds.
 
15th post
For those saying, they are “waiting for the stock to drop or waiting for things to play out”. When it comes to SpaceX this might be a bad tactic. This equity could shoot as high as $300 a share before dropping 20% in value. As opposed to the theory that It could go down to say 140 or lower in these next few weeks.
When the lockup period ends, the price will go down but probably not lower than IPO price. Insiders are hyping this knowing more buyers prefer bandwagon than looking at the financials. SpaceX has one long term customer and that is NASA. When China can launch payloads cheaper than SpaceX, Musk will merge with Tesla or when price is depressed. He planned this. Orbital data center as selling point? Musk may as well say data center on the moon by 2030. He loves hyperbole because he knows investors will blindly invest when he opens his mouth. Musk told us many things will happen haven’t materialized or got buried.
 
Stock went as high as 229. Trading around 211 now. Congrats to folks who are up especially those who held all the way through the past few days.
 
Back
Top Bottom