Priced at $135 opened at $150, as of this moment approaching $170. Elon is officially the world's first trillionaire. An estimated 4400 SpaceX employees became millionaires today including people that started as hourly welders and cafeteria workers.
What a country. Who bought in?
If I buy it, I'll buy in later when it settles under the $135.
Hope is not optimism, which expects things to turn out well, but something rooted in the conviction that there is good worth working for. - Seamus Heaney, Irish poet and likely Hoosier basketball fan.
POTFB
I only have it though Fidelity Contrafund, which bought into SpaceX in 2015. It was up to about about 5% of the fund holdings I don't know where it will be after today.
The valuation is of course ridiculous. But so is Tesla.
One dude just turned 37 and his shares are now worth over $13M. Took a lower paying with stock at SpaceX over a better paying job at GE for 12 years. Smart decision.
@hooky yeah i'm looking at this too. @boogie @snarlcakes thoughts?
My advice is sit on your hands for a while. Let it run up another 100% and then buy. If you ain't buying high, why try? That's the company motto.
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Progressives are the absolute dumbest people alive.
https://twitter.com/i/status/2065522143375290734
Progressives are the absolute dumbest people alive.
That is so sad. She had a brilliant mind once upon a time. Or at least that's what I'm told. Now she's just a low rent Bernie Sanders.
I only have it though Fidelity Contrafund, which bought into SpaceX in 2015. It was up to about about 5% of the fund holdings I don't know where it will be after today.
The valuation is of course ridiculous. But so is Tesla.
So earlier in the week I read/heard some chatter about Standard & Poors refusing to change their rules about adding new IPO stocks to their index -- something about them want the offering to have some history and track record before adding it to their index, which is what a lot of index funds mirror. My stuff is all in index funds (based on S&P I believe but I'll need to check) and I'd personally prefer to not get on the rollercoaster that this initial offering is bound to cause. Any of you money guys have any idea what I'm talking about? Have I at least got the gist of it right?
@dbmhoosier ehhh they are just rage baiting. They know he doesn’t have liquid assets to tax. People (not politicians) think it’s like having cash. People are generally ignorant.
@dbmhoosier ehhh they are just rage baiting. They know he doesn’t have liquid assets to tax. People (not politicians) think it’s like having cash. People are generally ignorant.
The problem is that their voters believe it.