Will you invest in SpaceX IPO?
Will you invest in SpaceX IPO?
Unloading my shares acquired in the secondary market as soon as trading is available.
(i bought when I thought it was a space company, mea culpa)
Absolutely not. From an investment perspective, it's a far riskier bet than I'm comfortable making. From a societal perspective, I am not interested in having any of my money go to Musk or his companies if I can avoid it.
No, it’s easily 5x overpriced.
s/invest in/gamble on/
Maybe.
NO. Not investing in anything that does not fit basic investing maths.
I want to own it because I'm pro-Musk and already own much TSLA, but... with so much conflicting commentary from pundits ("It's a scam!" / "It's going to multiple $10T in a decade" / "Wait for the lockup expiry"), I'll take popcorn and watch from the sidelines and maybe DCA for a few years.
Just from keeping up with the news over the last week, the general consensus seems to be "no". It’s certainly a no for me. A more interesting question is, "will you be divesting from funds that fast-track this stock?"
The only logical reason to invest is speculation.
Just like with crypto, there is a good supply of "greater fools" will to buy anything Musk is selling. TSLA with a P/E of 380 is the proof.
Of course not, I'm smart and a good person.
The (early) investors who have been hyping the IPO have been waiting decades to realize their return.
What do you think they will do after the IPO or even when the lock up period is over?