[gibsonguy]

That IPO is looking like a bargain about now.

[stevio]

Kicking myself for not buying at $104, I was waiting for under $100. Did buy it at ~$148.

[fhayek]

I don't know if I would go so far as to say bargain. Its up 10% from the IPO, which is not nothing, but it is trading at 67 times sales right now. 67 times earnings would be a bit pricey, but times sales, its a little speculative. The Starlink part of the company makes money, but the rockets and the AI parts are burning through a lot of capital expenditures. SpaceX will probably need a ton of additional financing through stock sales, borrowing, and (probably) government subsidies. I am not saying bet against Elon Musk, but, we are probably a little bit from the company showing returns that justify the current price.

[packrat35]

I bought in, but I had no amount of people here on FR telling me how stupid I was.