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What to do with SpaceX
Investor summaryBearish
The author got allocated 100 shares of the SpaceX IPO and is panicking about the high valuation, asking for advice.
Bear points
- The IPO is considered heavily overbid, suggesting extreme overvaluation.
- The investor's panic indicates a lack of confidence in the current pricing.
SPACEX价值 / 回购
Post body
I signed up for SpaceX IPO shares on Fidelity on a lark. I thought it would be a good way to see how overbid the whole thing was. I asked for 100 shares and they allocated me 100 shares.
Do I go through with it? I need to be talked off the ledge.
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