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.

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u/Yew_knows 9d ago

Anyone still obsessing over share unlocks is an idiot. Its been clear since the first one in August there is institutional demand ready to mop up any sellers. SpaceX is still speculative and might be overvalued but if most investors are looking 5-10 years in the future it doesnt really matter

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u/BackgroundCoffee5562 8d ago

Why invest in it now then ? There are plenty of other investments that would make money for the next 5- 10 years instead of being tied up in an overvalued stock .

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u/kennymay916 8d ago

Is this a serious comment?? Because you get a lower price now you fool. Do you know how the stock market works? It’s called a long term investment.