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re: SPCX IPO

Posted on 6/13/26 at 10:13 pm to
Posted by Shamoan
Member since Feb 2019
13910 posts
Posted on 6/13/26 at 10:13 pm to
(no message)
This post was edited on 6/14/26 at 10:15 am
Posted by Kraut Dawg
Member since Sep 2012
4779 posts
Posted on 6/14/26 at 4:18 am to
My Schwab order of 150 shares at opening for $150.15 netted nothing. I'm a little disappointed, but whatever. Maybe it dips when the newness wears off & I'll buy then. If not, I'll own it via an ETF at the going rate.

I believe that the "data centers in space" thing is real & SPCX is going to get the stuff there & it'll be run on Anthropic (IPO this fall). Falcon launches are now common & uneventful. This isn't about going to Mars first, it's about information & is why Musk bought Twitter, not because of some political vendetta. And Anthropic can process it all.

Maybe I'm right, maybe I'm wrong, but I'm putting my money where my mouth is. Just my opinion.

Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46234 posts
Posted on 6/14/26 at 11:07 am to
I'll go ahead and invest with the world's greatest business man ever
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52634 posts
Posted on 6/14/26 at 11:49 am to
quote:

I'll go ahead and invest with the world's greatest business man ever


Point made, also exemplifies why you generally never short
Posted by cgrand
HAMMOND
Member since Oct 2009
49632 posts
Posted on 6/14/26 at 1:36 pm to
quote:

But I wouldn't confuse the current stock success with business success. They are not even related at this point
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52634 posts
Posted on 6/14/26 at 2:21 pm to
quote:

cgrand


I will say if you draw a venn diagram of space X and BTC holders they would almost completely overlap
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5359 posts
Posted on 6/14/26 at 2:31 pm to
Don’t forget GameStop in the third circle
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46234 posts
Posted on 6/14/26 at 5:25 pm to
I think we'll see 200 pretty early this week with the Iran deal done
Posted by bayoubengals88
LA
Member since Sep 2007
25209 posts
Posted on 6/14/26 at 5:55 pm to
How will I not buy 10k worth of ASTS if it hits 70s? That’s the big question…
Posted by GeauxTigers123
Member since Feb 2007
3762 posts
Posted on 6/14/26 at 5:56 pm to
quote:

I think we'll see 200 pretty early this week with the Iran deal done



What about 58k?


In all seriousness, how deep does the dip have to be over the next year or so to get the skeptics of this board to buy some? Id like to see it at like $75 to load up.


Also if Bitcoin gets down to like 50k I think it is time to buy. But what do I know?
This post was edited on 6/14/26 at 5:57 pm
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
95062 posts
Posted on 6/14/26 at 6:35 pm to
I’m totally new to all of this and I plan to eventually load quite a bit into this stock. I chickened out on the opening.

But I’m also reading a lot on social media that they expect the price to eventually come down below $150. Is that normally the case? I want to set the limit at $125-$135 to buy but I’m so torn on what to do.

Explain to me like I’m 5 before I put a lot of money into this stock and just let it sit for years.
This post was edited on 6/14/26 at 6:37 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
49632 posts
Posted on 6/14/26 at 7:00 pm to
quote:

I want to set the limit at $125-$135 to buy but I’m so torn on what to do.
if you put in a limit order at 125 there is no risk in doing so…but it probably won’t get filled. Nobody can say with assurance what the price of SPCX is going to be this week, this month or this year. What they can say is that even at 125 the stock price is completely detached from current earnings and since they just IPOd nobody knows what they intend to guide to for next Q and next FY. Overvalued is quite an understatement.

so what are you basing your 125 target on?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52634 posts
Posted on 6/14/26 at 7:23 pm to
quote:

I’m totally new to all of this and I plan to eventually load quite a bit into this stock.


quote:

But I’m also reading a lot on social media that they expect the price to eventually come down below $150.
quote:

Explain to me like I’m 5 before I put a lot of money


I would suggest you avoid fomo trades.

I would step away and realize this is how retail always loses.

There is no such think as money you can afford to lose. That's called gambling... If you want to gamble that's up to you.

If you want to invest, I think you need to step back and understand the risks.

If you stick to low cost indexing you will set yourself up for the greatest chance of success.
Posted by bayoubengals88
LA
Member since Sep 2007
25209 posts
Posted on 6/14/26 at 7:36 pm to
quote:

If you stick to low cost indexing you will set yourself up for the greatest chance of success.
If you already have 500k invested or liquid before age 40, sure…
Maybe…
This post was edited on 6/14/26 at 7:37 pm
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52634 posts
Posted on 6/14/26 at 8:02 pm to
Everyone on the money board is the 1% of people who out perform the index over the long haul. It's impressive how everyone on the money board sells at the peak before the latest fomo trade craters.

For the rest of us indexing is basically impossible to beat over many years.

Insert random poster bragging how they have beat the indexes by X% this year. Claiming they are an investing genius...
Posted by bayoubengals88
LA
Member since Sep 2007
25209 posts
Posted on 6/14/26 at 8:31 pm to
I’m no genius, but guess how much I can truly afford toward new investments in this economy…
$0/month.

I’m up 400% ytd
I can’t afford to be up 14% ytd.
Posted by cgrand
HAMMOND
Member since Oct 2009
49632 posts
Posted on 6/14/26 at 8:35 pm to
yes but you are one of the few who understands how to manipulate the various derivatives tools to make money coming and going AND you are comfortable with managing the tax implications. Most people are not the former or the latter.

For most people, buying the indexes on a regular basis and letting it compound is the way to go. From what you’ve said before it sounds like you are trying to play catch up and I get it but your risk is way higher than most people are able to stomach (myself included)
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5359 posts
Posted on 6/14/26 at 8:55 pm to

I don’t see the hurry. There’s about to be lot more shares headed to market in the next couple months.

Early investors may sell as much as 20% of their holdings as of the second full day of trading after the next earnings report. This is the second-quarter report.
At that point, investors may sell an extra 10% if the stock trades 30% higher than its IPO price for a minimum of five of the 10 days following the earnings report.
Investors may sell 7% of their holding at each of the following points: As of the 70, 90, 105, 120, and 135 days post-IPO.
Investors may sell 28% of their shares as of the second full trading day after SpaceX's third-quarter earnings report.
Finally, investors may sell as they wish after 180 days.
Posted by bayoubengals88
LA
Member since Sep 2007
25209 posts
Posted on 6/14/26 at 9:20 pm to
Fair enough!
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
10523 posts
Posted on 6/14/26 at 9:21 pm to
I am waiting on the options to start on Tuesday. Really interested in seeing what kind of time value is available to sell.
This post was edited on 6/14/26 at 9:30 pm
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