u1hcw9nxApr 2

The SpaceX IPO: retail investor notes

https://report.bearblog.dev/the-spacex-ipo-will-be-the-perfect-storm-of-retail-investor-fallacies/

The SpaceX IPO: retail investor notes

SpaceX is one of the greatest success stories in the aerospace industry. They have completely revolutionized the use of space in launch volumes, price, and s...

report
Show threadoutside2344

If S&P change their rules, I am going to sell my index funds, taxes be damned.

Sadly, this is not the only trash that is going to be hoisted on us retirement investors. OpenAI is waiting in the wings as well.

I am sure I am not the only one. That doesn't seem like it will be good for the market.

Apr 2 at 3:30pmWeb
Show threadRover222Apr 2
[flagged]
Show threadkortillaApr 2
I used to agree until the xAI acquisition. Now IPO buyers will be buying debt from a shit tier dumpster fire to get access to SpaceX.
Show threadkjkjadksjApr 2
It is trash. They took one of the most successful private companies in the history of the world and made it baghold xAI.
Show threadzemvpferreiraApr 2
You can praise the technological achievements while still thinking the underlying business is trash. Plenty of horrible companies have generated great advances, but your money in them before mine thank you very much.
Show threadkakflelajf74Apr 2
I am considering the same. Of course this happens to be a bad time to sell with the Iran war. Maybe we finally found the real reason for the war (only 90% sarcastic).
Show threadSilverElfinApr 2

There were extensive discussions previously about passive investors being taken for a ride:

https://news.ycombinator.com/item?id=47392550

And Michael Burry also wrote a long post about it:

https://x.com/michaeljburry/status/2032483200404992209

The question is what can we do about it? Nasdaq finalized these rule changes already. It seems like this got rammed through and now it is happening. And I don't expect Trump's corrupt SEC to do anything about it. Who else can we appeal to?

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