52,038 karma · joined April 18, 2015
(typos deliebrate to prove point)
it's wrong , yes, but otoh it's funnier this way
"SpaceX (ticker: SPCX) was priced at $135 per share during its initial public offering on the Nasdaq on June 12, 2026."
current price is $134 , give or take a dollar.
So many people 6-12 months ago predicted Space-X stock would crash and burn, yet the stock is still holding strong around $130 and a valuation over a trillion dollars.
Agree. these valuations will hold. Pundits made the same prediction after Facebook's IPO in 2012 that everything would soon crash. here we are...
The market anticipates the unlocking; when the shares become public, buyers swoop in, so the stock decline is much less than expected, if at all. There is no new information here. If everyone is expecting shares to unlock, then it’s priced into the market accordingly.