r/stocks
Is the SpaceX 2x Oversubscribed Reuters report a fluff piece to create a FOMO, or am I misunderstanding how fast a $150B order book builds?
User questions if reports of SpaceX's oversubscribed IPO are manufactured FOMO driven by coordinated media leaks.
- The rapid sequence of a major bank marketing push followed immediately by anonymous leak reports suggests potential market manipulation to create artificial scarcity.
- The claim of $150B demand for a $75B raise within 24 hours appears suspiciously fast and may be exaggerated to drive investor urgency.
So like a few days ago Bloomberg reports that Jamie Dimon is hosting this huge JPMorgan simulcast thing to like 90 locations to pitch the SpaceX deal to all there rich private clients. Then less then 24 hours later Reuters drops a story citing "anonymous sources" saying the deal is already twice oversubscribed. So demand is supposedly around $150B for a $75B raise.
Maybe im reading to much into it but the sequence feels off to me. You do this massive marketing push and then almost immediately a leak comes out signaling theres overwhelming demand? Like whether its intentional or not that kind of thing creates a real sense of momentum and scarcity around a deal, specialy for people who are still on the fence about getting in.
am i being dumb here or does this look like manufactured FOMO to anyone else? Genuinely curious what people who actually know how IPO roadshows work think.
My brockerage is specifically mailing me to fomo in
Yup even EU brokerages like degiro are emailing out fomo. To bad I dont read German. I'm happy to let this trade go, something tells me I'm not getting in on this pump and dump earlier than a select few for some reason...
Everything about this IPO reeks of desperation
And yet, it’ll likely still soar.
Can't have a pump-and-dump without the pump now can we
No need to FOMO.
Not many people are aware of this but there will be massive shares that insiders / pre-IPO investors can dump sell into the market just weeks or months after the IPO, including after release of Q2 and Q3 results, as well as in between, when a large part of insiders shares are unlocked and available for sale in the market.
After release of Q2 results (ie around 6-8 weeks from now), assuming the share price is at the IPO level of $135, insiders are allowed to sell 20% of shares or USD350 billion.
This articles explains it: https://www.cnbc.com/2026/05/21/spacex-insiders-will-get-to-sell-shares-earlier-than-usual-after-the-ipo.html
By Dec 2026, every shareholder except Musk can sell everything. So, why FOMO?
Because without volume in an index, you start selling, and the price aggressively plummets. The right to sell the stock, and the market capacity to absorb the sell off are not the same thing.
Friday made it clear that SpaceX isn’t getting in the S&P 500, the Nasdaq has as much volume as a puddle by comparison- the only hope is for retail to actively get involved since passive is SOL for at least a year (4 quarters of GAAP profit, 10% of stock in free float- that isn’t happening for a long while, same problem for Anthropic and OpenAI- they’re a long way from GAAP positive).
So, where’s the volume coming from to keep that at $135 or above?
Cerebras was oversubscribed. It opened 2x the original IPO price. -35% since then.
What’s your point? You would still be up 35% from the ipo price
So it’s still up? Because opening price is when the non IOI people start buying in.
IBKR is opening the IPO to UK residents.. they want as much exposure as possible.
NASDAQ changes it to 15 days.
S&P500 did not change their rules.
Reddit is absolutely flooded with anti-musk sentiment. Not that I disagree with the sentiment.
But I mean…. The SpaceX company is and has been one of a kind for over a decade now. Starlink is a cash cow. Orbital data centers, as fanciful as they sound, may be economically possible depending on how easy it is to reuse starship. Starship itself….. let alone all the obvious insider deals to get this company to pump.
To bet against this stock is to bet against all the rich assholes colluding together to push it up. Seems like a bad bet to me. I think it’s gonna rip AT LEAST until the first lockdown period ends in August. I think everyone should be keen on the stock between June and August at a minimum.
So yeah, there’s real potential upside both in a cyclical insider sense and a one-of-kind technology sense. Dismissing the stock out of hand, I think, is leaving a lot on the table.
I just asked for 1000 shares hope Reuters is wrong
It needs to be believable