← Back to dashboard
Share
1100%
r/stocks
Just noticed SpaceX is officially on Yahoo Finance
Investor summaryBearish
Author notes SpaceX on Yahoo Finance, plans to wait 6-8 months post-IPO to buy due to expected price drops and low mega-cap IPO success.
Bull points
- Potential future development of space-based data centers.
Bear points
- Expected price drop 6-8 months after IPO.
- Low historical success rate for mega-cap IPOs.
Post body
I would like to post an image but it won’t allow me on mobile. Somehow it already has a price target of 140 and it is classified as aerospace and defense. Though I feel like it should be like rocket lab. Though are you guys buying it IPO or no. Im going to wait 6-8 months before buying because I believe that the price will drop. Though if they can get data centers in space within half a decade I will buy. Though just remember that only 2/10 mega cap IPOs succeed. Let’s see if SPCX will be one of that 20 precent.
Discussion · top comments
No comment snapshot fetched for this post yet.