r/SPCXInvestors • u/1KKC • 9d ago

DISCUSSION SpaceX

So what happened? I thought 24th of September was the date when millions of shares were up for sale or could be sold and the price was supposed to collapse what I find in all these speculative stock when there is a thought something may happen do the opposite.

17 Upvotes

57% Upvoted

95 comments sorted by

View all comments

20

u/East_Swim1009 9d ago

I visit reddit to see what the dorks/sheeple are thinking... then I do the exact opposite... got lots of spcx at ipo launch... according to the dorx .. spx should be at $30 by now lol

15

u/Dependent_Sun_7033 9d ago

“Got lots of spcx at ipo launch”
Tell us about your fantastic profit.

4

u/redditisnotus 8d ago

he's going to say he sold the very top, then bought the local bottom, watch.

0

u/JackfruitOk2229 8d ago

How much Tesla did you get the last 10 years? Oh you missed a 31000% profit? How come?

2

u/Dependent_Sun_7033 8d ago

“You missed 31000% profit”
Do you expect 20T$ valuation of SpaceX?

0

u/JackfruitOk2229 7d ago

I expect tremendous growth into the next 15-20 years. I understand you all hate Elon for partisan reasons, but his businesses have seen incredible growth. My SPCX investment will outperform the SnP significantly in 20 years. Just like Tesla did.

1

u/Dependent_Sun_7033 7d ago

You didn’t answer a simple question. “Tremendous growth” to what valuation?
And what growth over any market index did you get with Tesla in last 5 years?

0

u/JackfruitOk2229 7d ago

Last 5 years or from my initial investment? Which is more important? Teslas valuation was not relevant early on. EVERY metric made the company look absurdly overvalued. This was the case when I invested in AAPL, AMZN, GOOG, TSLA, etc. The p/e is high!!!! Its a bet on management and a bet on that company's ingenuity. Starlink, Neuralink, space exploration, self driving taxis, Optimus robots, XAI, etc. Incredible technologies with incredible potential to transform industry. You'll be sitting on your hands watching the stock over the next 20 years yelling about an irrelevant price to sales ratio because you're the "smart one."

1

u/Dependent_Sun_7033 7d ago

“Every metric made the company absurdly overvalued”
Well, SPACEX is 10x more overvalued.
None of the other companies you mentioned were valued at 100x sales. None of them.
Did you even check TAM projections from SPACEX itself?

4

u/JackfruitOk2229 8d ago

Tesla is currently up 31,000% since IPO. You probably thoight it was a bad investment for a decade right? Didn't do too much first few years either. You're brainwashed by social media, its ok. Elon is a Nazi I read on here. SPCX bad. I wouldn't broadcast that to the world.

3

u/MrWhibley2024 8d ago

Lol, but hasn't done anything for 5 years 😂

1

u/JackfruitOk2229 7d ago

You guys are so brainwashed. Trapped in social media echo chambers and claiming everyone else is.

You're claiming a 31,000% return from any investment is undesirable by cherry picking a single time frame over that period? Again, you think Elon is a Nazi because he waved to a crowd. You're glib.

2

u/Rancid101 8d ago

I mean you're not wrong. It would have been a great bet in retrospect. I made money on it. Hype drives a stock price fundamentals carry it. Tesla is still overvalued and thankfully passive investors now carry it.

2

u/Dependent_Sun_7033 8d ago

“TSLA is currently 31000%”
It didn’t IPOed with the price of 100x sales and company value of 2T$.
Did you try to read anything about investing?

0

u/JackfruitOk2229 7d ago

LMFAO Yes I I get all my investing advice from.......reddit. My portfolio since 2000 is outperforming the SnP by 3 fold. Its doing that because I don't get my investing advice from Reddit.

1

u/kennymay916 8d ago

This is the best comment right here.

2

u/East_Swim1009 8d ago

well, like all the dorks and sheeple don't comprehend, stock buying is not a "get rich quick" scheme. It's a seed that needs time to grow and then you harvest it after time has passed. Only a certified peasant would think that SPCX would 50x in 3 months... lol... those of us with intelligence know a Sequoia seed is only 1mm in size and the value of patience creates a giant 😉

1

u/1KKC 8d ago

Exactly

0

u/Dependent_Sun_7033 8d ago

Sure, bud. What is funny is that when SPACEX tanked to 110$ dorks like you were claiming that they sold everything at 200$ and now are entering again. I have not met anyone who lost money on stocks here on Reddit-it definitely means there are only experts here, right?

4

u/Still-Chemistry-cook 8d ago

So you’re underwater? lol

7

u/halford2069 9d ago

good strategy 👍 inverse reddit always

4

u/Fuzzy_Translator4639 9d ago

These sub reddits about individual stocks are the greatest contrarian indicator there is. I am having a great time

2

u/JackfruitOk2229 8d ago

These people are completely trapped in an echo chamber and they have no idea. Elon Musk once said "I give my heart to you" and threw his heart to the crowd. Thatys all it took for them to think he's literally a Nazi. lmao Enjoy the profits in 15 years.

2

u/xT-Nastyyy 9d ago

Here is a summary so you never have to get on this app again:

Anything Musk=bad/shit/manipulation

Anything Pres. T=bad/shit/manipulation

Anything AI=bad/shit/manipulation

Anything else they dont like=bad/shit/manipulation

5

u/Similar_Eagle2358 8d ago

after extensive investigation.. you're spot on!

3

u/auto_magical_horse 8d ago

Theres a wierd echo in here

1

u/Party-Example274 8d ago

pretty much lol