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r/stocks
SpaceX going public on Friday 6/12
Investor summaryNeutral
New investor asks about SpaceX IPO rumors from TikTok, unaware that SpaceX is currently a private company.
Bear points
- The premise is factually incorrect as SpaceX is a private company with no confirmed immediate IPO date.
- Investment advice sourced from TikTok videos lacks credibility and due diligence.
Post body
I’m sure a lot of you already know this. But I’ve seen some videos, mostly on TikTok, about if you buy even one share you could see a crazy return.
I’m pretty new to stocks and investing so forgive me for my lack of knowledge, but they’re basically saying because Elon Musks wealth is projected to grow significantly after SpaceX goes public, others can experience an increase in wealth too.
Wanted to know everyone’s opinion on this.
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