Only - SPCX

Thought i would start a forum for discussions regarding SPCX since its going to be relevant for the next few months

Regardless of peoples opinions on Musk and SpaceX this launch of this IPO has opportunity written on it. Likely the start could be similar to a meme coin and i suspect the price will be directly severly effected by Musks actions and anything he speaks about at this point. Price will most likley be bullish in the long term untill this hype arond it slows down and poeples attention moves esle ware. For now i will mostly be treating it like a mean coin a looking for long positions i can hold with low risk.

Musk is a master of marketing. He sells dreams. SpaceX's current valuation is a reflection of what the company will be like in 10-20 years.

Current valuation is mostly due to certain market mechanics: The name cannot be shorted (or sold at some brokers by retailers who got pieces pre-IPO), certain funds have to buy the name and further funds (index funds) will have to buy it some time later, when the name is included into indices, and also private equity owners currently are prohibited from selling (lock-out period). It will take about a year until all these shenanigans are worked through, and also "earnings" come in.. Then we will see.