BrianKrebsWait, the music hasn't stopped yet! Or has it?
https://www.cnbc.com/2026/06/23/spacex-stock-tech-sell-off.html
👊🇺🇸🔥@briankrebs This will be the largest pump and dump in history.
Oggie@briankrebs Expect a huge pump in somehow RIGHT before the 1st, some sort of big announcement and similar to suddenly spike the price.
I would expect a teaser for it today/tomorrow, actual announcement early next week.
Doesn't have to hold, just has to hit a spike for the 1st so they can do market manipulation fucking awful shit.
God I hate everythign about this.
A Light Shining In DarknessOh, a few days too soon.
I expected that to happen after the NASDAQ listing tbh.
Walker@briankrebs this is expected from any IPO. The initial price is inflated based on vibes and then first round offerings and institutional profit taking is next lowering the price.
IMO individual investors should never invest in IPO. Eventually the share price will be more closely aligned with valuation but will probably be elevated based on vibes and market bubbles like NVIDIA and AI stocks.
Michael WestergaardIt's even worse here. Not only were more shares "reserved" for retail, retail is also locked up for 2-4 weeks until the forced buyer passive investment funds can pick up the bags.
@michael @briankrebs ya, IPOs are only designed to make the company, internal founding investors, and institutional financial companies backing the offering money.
Everyone else is left with scraps. My financial advisor steers their clients away from any IPO as the transaction buy fees and market timing from large and secondary market investors makes profits unlikely on average for the individual.
Bill, organizer of stuff@briankrebs My money is on it settling out around $25/share. If only I had the cash available to set up a "long short" type bet...
fuzzyfuzzyfungus@wcbdata @briankrebs It seems like a hard number to predict because of the governance structure: Elon has already bolted twitter and mechahitler to the actually interesting parts of the business; and there's essentially nothing keeping him from doing something as silly tomorrow if he feels like it.
Presumably, if he's behaving rationally(if), he'll try to avoid doing things that cost him more in spacex stock value than they save him by cleaning up other issues; but that's the only real limit.
Okuna@wcbdata @briankrebs then short it
@briankrebs Is 'get rushed into various indices and glut yourself on the sort of hapless passive investment that replaced pensions' phase is still upcoming, isn't it?
Dr. Christopher Kunz@briankrebs *in Jeremy Irons voice* "Standing here tonight, I'm afraid that I don't hear a thing. Just... silence."
robert daniel pickard
Sharkfie 
Tim Ward ⭐🇪🇺🔶 #FBPE@briankrebs SpaceX shares appear to turned out to be like the England Winners stamp - the best day to sell them was the day of issue.
TomSeppertSpaceX investors are selling their shares to buy the new Meta glasses.
https://www.cnbc.com/2026/06/23/meta-glasses-are-new-smart-glasses-starting-at-299.html
Raj 🇬🇧🇪🇺💻🖥(🌻🇺🇦;🇵🇸)RE: https://beige.party/@Lana/116795397010653803
@briankrebs Here's hoping the collapse finishes BEFORE the NASDAQ listing.
Have you seen this marvellous exposition by @Lana?
https://mastodon.me.uk/@[email protected]ty/116795397201432254
Sterling@briankrebs
sans apologies on this one
sans apologies on this one
🇵🇸 em mohamed 🍉@briankrebs The amount of $150 caught my eye... apparently because I need $120 to pay the rent... I must be imagining things.
benny@briankrebs and 95% of the stock is still locked up 😂
@briankrebs isn’t it called gravity?
@briankrebs the german Sascha Pallenberg has published a German speaking article. The key message: the biggest bank robbery in history.
Moving money from small investors to the few big long time investors…
Worthwhile reading
https://www.metacheles.de/spacex-boersengang-der-groesste-bankraub-geschichte/
SpaceX Boersengang – Der groesste Bankraub der Geschichte
Diesen Monat geht SpaceX an die Boerse und es wird wohl der groesste Boersengang der Geschichte! Aber nicht nur das..., denn wenn alles glatt laeuft, dann wird dadurch Elon Musk zum ersten Billionaer ueberhaupt. Was aber noch viel gruseliger ist: Millionen Amerikaner werden SpaceX-Aktionaere – ohne eine einzige Aktie aktiv
TheYOSH@briankrebs And when will AI follow... let it burst!!
Death by Lambda