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r/wallstreetbetsr/wallstreetbets· u/jt101010101010· 3d agoDiscussion 0

SpaceX IPO worth it? Or too risky?

Investor summaryBearish

Author is bearish on the SpaceX IPO, citing overvaluation at $135 and concerns about early investors cashing out.

Bear points
  • The $135 target price is considered significantly overvalued.
  • Concerns that the IPO will serve as a massive exit for early investors who won't reinvest.
Post body

Trying to decide whether to participate the the SpaceX IPO. I don’t think it’s worth anything close to the $135 target price. But options (shorting) won’t be available for a few days so I can’t take a risk spread. What are y’all thinking about doing?

I just watched this (and I worry that there is some validity that its going to be a huge exit for investors and they won’t rebuy): https://youtu.be/VUwSKoa2KMI

Discussion · top comments29 selected
u/8thmiracle 14· 3d ago

Almost risk free if your goal is losing money

u/plasticbug 6· 3d ago

Made me choke on my drink...

u/nottool 12· 3d ago

Only $1.5T on $20B revenue? That means it can easily go to $10T by end of week.

u/Summerdaysengineer 12· 3d ago

Makes me think it will rocket

u/Far_Addition1210 7· 3d ago

A $1.7 Tn company isn't rocketing anywhere, a 10% increase is £175Bn, just fantasy numbers at this point.

u/iOvercompensate 6· 3d ago

This makes me think it will crater

u/XX_AppleSauce 1· 3d ago

The’ll burn everyone both ways.

u/dwoj206 9· 3d ago

pussy

u/Super-Activity-4675 9· 3d ago

I'm not touching it. I do agree at some point this will be trading at a hell of a lot less than its 135 target, but the way they've gamed the rules to allow more retail exposure and allow only a small percentage of the float to be traded says that its price can be manipulated.

u/EDWARD_SN0WDEN 8· 3d ago

When he gets foreclosed on, I call dibs on the house

u/plasticbug 4· 3d ago

I think people with home ownership are more sensible than that, so probably a renter.

u/EDWARD_SN0WDEN 4· 3d ago

Remember the guy who mortgaged his house to buy btc at 15k and everyone called him stupid

u/pequa1smv 6· 3d ago

https://preview.redd.it/izf8ljd55j6h1.jpeg?width=1125&format=pjpg&auto=webp&s=dd70d34a5dd7ff752401e8d44cf3514672932ce5

I think it might be a teeny tiny bit 🤏🏻 over valued 😅

u/Tis_But_A_Scratch___ 3· 3d ago

Wasn’t this the same for Tesla and all the car makers?

u/Briack89 4· 3d ago

Is it worth it? Mathematically, absolutely not. From a hype perspective? It’s the biggest casino opening in history. The prospectus shows this is a massive, high-risk bet. Will you make money - probably yes if you ride a wave and sell before it is too late

u/rblbl 4· 3d ago

So the real purpose of this post is to advertise a youtube video that was just uploaded 1 hour ago.

u/LoveMyNvda_840 1· 3d ago

Option share will become available five days after IPO opens. The implied volatility would probably be 200%. I honestly hate Tesla as a stock. Initially was planning to buy some spaces X shares, but the valuation doesn’t really make sense to me. I think by the time the option chain opens we probably already had the squeeze and dump.

u/NightFury232 1· 3d ago

This. This needs more updoots.

u/Exciting_Farmer6395 1· 3d ago

X(neighbor)Space

u/Evening_Feedback_472 1· 3d ago

Less than 20 Billion ? Google and anthropic are paying them 1 billion a month each that's 24 bill right there

u/FFXIV_Yunarin 1· 3d ago

I've been getting a lot of these leveraged space x ads on reddit and on my Google news feed all day. I keep getting emails about the IPO too, which I never normally get... They're really pushing it haha...

https://preview.redd.it/ujumh79smj6h1.png?width=1080&format=png&auto=webp&s=3f7a2e70491136b6056f8640fa24c87b64fba28a

u/WorthAcanthisitta799 1· 3d ago

Ya know what they say… don’t bet what your not willing to loose.

u/ghostkill13 1· 3d ago

Have you seen Tesla?

u/Ohlele 1· 3d ago

not twice but at least 100 times

u/XX_AppleSauce 1· 3d ago

Wear protection though.

u/XX_AppleSauce 1· 3d ago

You guys talk to your neighbors?

u/LoveMyNvda_840 1· 3d ago

These people are probably not New Yorkers. In New York if your neighbor says hello to you, that is highly suspicious and fishy.

u/Reikotsu 1· 3d ago

That’s what I will do, wait a drop, buy-in and ride it for a week. I’m probably gonna get graped though.

u/Ohlele 1· 3d ago

Then it keeps dropping forever