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SpaceX IPO will create 4,400 new Millionaires, from engineers to Cafeteria workers.
X ^ | 06/11/2026 | Skscartoon

Posted on 06/11/2026 10:47:32 PM PDT by SmokingJoe

SpaceX IPO will create 4,400 new Millionaires, from engineers to Cafeteria workers.

God bless Capitalism.

(Excerpt) Read more at x.com ...


TOPICS:
KEYWORDS: ipo; musk; spacex

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Thank you very much and God bless you.

And probably make Musk a trillionaire. No surprise Pocahontas is plenty mad. She's going to put on war paint in a minute. Chuckle.
1 posted on 06/11/2026 10:47:32 PM PDT by SmokingJoe
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To: SmokingJoe

I looked hard at trying to get in early on SPCX. My problem is the money that Gates, Bezos, and other rich azzes have to control regulations through Congress. Elon has got the juice but can NASA and others resist his momentum? I’ll wait a little while to see how this explodes. At 74 I won’t live long enough to probably know. If I was 25 I’d be all in and broke, I’m old with a little money and to few years to chase it. Maybe. Good luck everyone. Musk has a great shot at this, so we’ll see.


2 posted on 06/11/2026 10:59:54 PM PDT by Equine1952 (MM1SS SASOBe)
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To: SmokingJoe
From a Canadian newspaper.
Canadian headline about Elon Musk
3 posted on 06/11/2026 11:04:37 PM PDT by SmokingJoe
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To: Equine1952
Invest for grand kids.
4 posted on 06/11/2026 11:06:38 PM PDT by SmokingJoe
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To: Equine1952

I’m same age as you. I’m amazed at what this company has done in a short amount of time. The sense of urgency is incredible. When they first started, I figured they were going nowhere and spaceflight was entirely the domain of governments. Boy, was I wrong. SpaceX launched 90% of all tonnage to orbit the past 12 months.

I have an order in for 15 shares, mainly to give to kids, SILs and grandson. I figure they can have fun with their shares watching them grow and pay attention to the company.


5 posted on 06/11/2026 11:08:46 PM PDT by ProtectOurFreedom ( )
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To: SmokingJoe

That’s what maybe means. If I do they won’t know it and be able to get it until the “Will” is settled. There’s more than that waiting but a little honest work never hurt anyone. Besides, I want to see how the government grift goes. Be safe.


6 posted on 06/11/2026 11:13:25 PM PDT by Equine1952 (MM1SS SASOBe)
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To: SmokingJoe

Invest for grand kids.


Bingo! That’s what hubby and I are doing. We will buy some SpaceX stock but not right away. Three to six months down the road might be the best time to pick up a few shares.

Of course, it might also start sky-rocketing today and never drop back down to its original IPO pricing. If that happens, we will just kick ourselves in the butt and get in when we can. The grandkids will eventually benefit from it.


7 posted on 06/11/2026 11:17:54 PM PDT by CFW
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To: SmokingJoe

That’s wonderful
My dad shared
Even low level with some time in paid off home mortgages
His secretary about 1.3m
He gave away half in no cash needed options
Of course lol everyone took them


8 posted on 06/11/2026 11:26:20 PM PDT by wardaddy (If u hate Trump you’re stupid or clueless and what’s going on We’re fighting for our civilization s)
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To: CFW

👍 What you said.


9 posted on 06/11/2026 11:27:03 PM PDT by Equine1952 (MM1SS SASOBe)
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To: CFW; Pelham

Those underwriting with entry subscription pricing day of IPO will cash in that day
It’s likely to skyrocket before settling back down

I had that privilege once on a few tech boom ipos

It’s like printing your own money

You have to determine when to bail that day

I saw some quad in an hour or two from open

Usually the market makers accumulate by 10 EST

Then the individuals rush in after being somewhat stymied by the major block buying

Usually it peels back by 2-3pm to around half of peak

But on occasion it closes at peak


10 posted on 06/11/2026 11:33:05 PM PDT by wardaddy (If u hate Trump you’re stupid or clueless and what’s going on We’re fighting for our civilization s)
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To: SmokingJoe

They could be talking about Canadian Loonies...


11 posted on 06/11/2026 11:47:40 PM PDT by OrangeHoof (Talarico is Italian for "heretic".)
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To: SmokingJoe

This seems like a job for a Large Cap Growth or Total Stock market Index ETF.


12 posted on 06/12/2026 2:34:14 AM PDT by equaviator (Nobody's perfect. That's why they put pencils on erasers!)
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To: SmokingJoe

SPCX


13 posted on 06/12/2026 3:00:17 AM PDT by avital2
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To: Equine1952

I bought three shares. But I put a stupid limit at $135 because I thought that’s what the starting IPO was going to be. I believe somebody here said that. now I believe I’m not gonna get any because it’s probably gonna go higher than that. I made a huge mistake.


14 posted on 06/12/2026 3:44:09 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: CFW
I'm a huge fan of SpaceX but the IPO target numbers will give SpaceX a market cap close to Boeing, RTX, GE Aerospace, Lockheed - Martin and Northrup- Grumman ( all significant established players in space launch and satellite manufacturing and operations applications) combined.

There are three big challenges to operating ventures in space. The first is getting things up there , the second is getting things done up there and the third is getting the finished product back down here to earth.

SpaceX has achieved one of the Holy Grails of space flight by it's ability to get things up there cost effectively and there are a growing number of defense related applications and emerging commercial applications that would love to get up there.

Space based AI could work out very well but space is a very difficult and aggressive environment to work in for both hardware and people. Especially for people.

However, at some point there has to be earnings growth to levels commensurate with that valuation and it's not obvious that they can rapidly scale the company to a level that supports that current valuation, much less provide for the kind of explosive growth that gives investors a huge return on investment - especially in the near term

SpaceX has put together a workable plan and they will have tons of money to work with. Doing AI in space is kind of the ultimate cloud based computing model and it remains to be seen if it is practical with the very environmentally sensitive commercial grade hardware. I was involved with NASA work to use less expensive and robust commercial grade electronic components for space applications as and there are performance and reliability problems that are not so easy to overcome.

SpaceX has launched about 12,000 Starlink satellites with about 10,000 of them operating so they know their business when it comes to operating data linked systems in space

SpaceX feels that doing AI in space may be cost effective and they may be right but will SpaceX even be allowed to launch the million plus satellites that they project for their system. That's a lot of hardware in space. And if they are allowed, can they simultaneously scale launch capacity, microprocessor fabrication and solar module production capacity and a bunch of other necessary technologies to make it happen.

It's a very ambitious and speculative plan in market segments where there are a lot of ambitious and speculative competing ventures.

The SpaceX IPO is one of the most hyped IPOs in history and there is a decent chance that there may be some buying opportunities in the future as the IPO plan hype meets reality from both a technical and earnings expectations perspective.

One thing for certain, there is a stunning amount of optimistic revenue growth expectation baked into the offer price that will have to be met simply to support the existing IPO price at current levels based on economic fundamentals, much less support huge stock price increases.

But then again, I passed on bitcoin at 15000 so what do I know.

15 posted on 06/12/2026 4:47:04 AM PDT by rdcbn1 (..when poets buy guns, tourist season is over................Walter R. Mead)
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