Space X IPO

YesIAmAPirate

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For someone who has never bought stock, how does one go about investing in something like this?
 

RocketDawg

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I didn't buy at the IPO, but did after noon with my "play" fund. I promptly lost $10/share, I suppose because of selloff of those who bought at $135. I lived up to my philosophy of buying high, selling low, but I haven't sold. It should be good before long.
 
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Dawgbite

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Nov 1, 2011
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For someone who has never bought stock, how does one go about investing in something like this?
Fidelity has a really simple app. My retirement advisor is Edward Jones but Fidelity is so easy for investment in the market. Link a bank account to put money in or take money out and your good to go.
 
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Perd Hapley

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Think I’ll mostly wait for the chaos to subside on this one.

Between his automotive company that is actually a “charging company”, and his private space exploration company that is actually an AI company, it’s kind of hard to follow the money and really gauge WTF is going on with any of Musk’s major endeavors.

Neither of those ventures has come anywhere close to generating the profitability and growth that is built into the stock price for each.
 

leeinator

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Understand Spacex made a lot of new millionaires today including a couple janitorial and cafeteria workers. Congrats!!
 
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Dawgbite

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Buy mutual funds from vanguard, fidelity or t Rowe price. Check the funds goals & Morningstar rating (only buy 4 or 5 * funds).
Mutual funds are safer, less reward, less risk , but you really don’t learn about investing in the market. I’m about 85% mutual funds and 15% stocks. Mutual funds I buy for the long term, stocks are short term investments for me.
 

patdog

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Mutual funds are safer, less reward, less risk , but you really don’t learn about investing in the market. I’m about 85% mutual funds and 15% stocks. Mutual funds I buy for the long term, stocks are short term investments for me.
That’s a perfectly fine strategy if you like to keep your with it & do a little research on the companies you’re buying & owning. Personally I like to put it on autopilot.
 

paindonthurt

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No ****. I meant what website/app is best for beginners to minimize fees or subscriptions or anything like that
Download M1 finance app.

they have expert pies. Answer a few questions and they set them up for you.

Most of the pies are a mixture of mutual funds. Mostly vanguard. But you can add and take away from the pies.

However often you get paid is how often you should contribute. Get paid every 2 weeks? Have an auto deposit set up for whatever you can afford.

M1 doesn’t allow you to day trade. You get a trade window in the morning and one in the afternoon.
 

paindonthurt

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Think I’ll mostly wait for the chaos to subside on this one.

Between his automotive company that is actually a “charging company”, and his private space exploration company that is actually an AI company, it’s kind of hard to follow the money and really gauge WTF is going on with any of Musk’s major endeavors.

Neither of those ventures has come anywhere close to generating the profitability and growth that is built into the stock price for each.
I mean all people have to do is just not invest.

But Elon could easily sell his stock and liquidate. He doesn’t because he believes in what he is doing.

SpaceX started in 2002. Elon was worth $180 million and didn’t know crap about rockers but he put up $100 million bc he had a vision.

it aalmost went bankrupt and he pretty much saved it with his own money again and then he secured a deal with nasa to supply the space station.

You don’t have to like him but the man is smart as crap and puts his money where his mouth is.
 
Aug 22, 2012
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Can anyone tell me why this is a good stock? I am not knowledgeable about the stock but it is weird to me that a company that loses a lot of money a year is somehow this popular.

If the government decides to quit giving the company welfare then wouldn't it go under?

Isn't the company just basically a trucking company to transport either satellites to space or stuff to the space station?
 

BoDawg.sixpack

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Please think twice before investing in individual stocks but especially SpaceX.
Being diversified is still the way to go for long-term wealth building. And if you do buy individuals stocks, never ever invest money in those individual equities that you cannot afford to lose.

We acquired xAI in February 2026, which forms the basis of our AI segment. We expect to allocate substantial capital to expand our compute infrastructure, and we expect a multi-year investment horizon before these deployments translate into sustained positive AI Segment Adjusted EBITDA... We plan to access a range of debt and equity financing solutions available to us as a public company to fund future investments in growth and to maintain strong liquidity.
 

mstateglfr

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You don’t have to like him but the man is smart as crap and puts his money where his mouth is.
I bet his IQ is higher than 99.5% of people. Clearly he isnt dumb.
He should get credit for having big ideas and being able to identify and integrate.
At the same time, he says so much BS at such a high frequency, it is difficult to sort through it all.

Him being stumped by not being able to sufficiently explain why something he wants should even exist is both funny and not uncommon.

 
Aug 22, 2012
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I bet his IQ is higher than 99.5% of people. Clearly he isnt dumb.
He should get credit for having big ideas and being able to identify and integrate.
At the same time, he says so much BS at such a high frequency, it is difficult to sort through it all.

Him being stumped by not being able to sufficiently explain why something he wants should even exist is both funny and not uncommon.


Dude is pretty far on the spectrum. He is smart in that he knows something to invest in and take advantage of. He isn't the intelligence behind any of his companies, he is the money and the ideas behind how to take them public.

People want to think he is some brilliant inventor / engineer but he is neither. He is the mouth piece after he buys a company.
 
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615dawg

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Did anybody else get in? Quite a nice day.
I saw a clip where Charles Barkley wanted to buy $300k of Google's IPO and his financial advisors told him it was stupid and overpriced. That $300k would be worth about $3 billion today.

I'm going to wait until it drops under $150 and buy some for my kids. I think its the closest thing to "This could be Google big" we've had in a while.
 
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Aug 22, 2012
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I saw a clip where Charles Barkley wanted to buy $300k of Google's IPO and his financial advisors told him it was stupid and overpriced. That $300k would be worth about $3 billion today.

I'm going to wait until it drops under $150 and buy some for my kids. I think its the closest thing to "This could be Google big" we've had in a while.
So do you think space travel is going to become a common occurrence in the future where SpaceX is like Delta airlines or FedEx for delivering goods to space?

At the end of the day, how is this company making money? Maybe I need to do research for myself but it feels like the Southpark episode of the underpants gnomes.
 

patdog

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May 28, 2007
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So do you think space travel is going to become a common occurrence in the future where SpaceX is like Delta airlines or FedEx for delivering goods to space?

At the end of the day, how is this company making money? Maybe I need to do research for myself but it feels like the Southpark episode of the underpants gnomes.
It will never be anything like that. But SpaceX is already delivering goods (satellites and supplies for the ISS) and has been for several years. And they are the clear leader with Blue Origin struggling badly. SpaceX has 6 launches coming up in the next 9 days, which is a pretty insane schedule. If you want to take a gamble, you could short their stock for a few weeks from now. If one of those rockets blows up you could make a lot of money. Probably won't happen and you'd just lose your investment.
 

FormerBully

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I am curious when we see another crash. I feel like it is coming soon, but we will see.
 

paindonthurt

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I bet his IQ is higher than 99.5% of people. Clearly he isnt dumb.
He should get credit for having big ideas and being able to identify and integrate.
At the same time, he says so much BS at such a high frequency, it is difficult to sort through it all.

Him being stumped by not being able to sufficiently explain why something he wants should even exist is both funny and not uncommon.


but why does it matter? If he builds something and people invest, let them decide if its something they want or need?

I realize you want get this analogy, but its kind of like being gay or trans. I don't agree with it but i don't care what they do with their time and their efforts as long as they dont shove it down my throat. Same with Elon. I don't really care about driving an electric car b/c to me the juice isn't worth the squeeze, but some people love it. Same with Space X. I'm never going to space, but so the 17 what?
 

paindonthurt

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Dude is pretty far on the spectrum. He is smart in that he knows something to invest in and take advantage of. He isn't the intelligence behind any of his companies, he is the money and the ideas behind how to take them public.

People want to think he is some brilliant inventor / engineer but he is neither. He is the mouth piece after he buys a company.
He isn't necessary the inventor but he darn sure has a lot of ideas that get the inventions going. Same with a lot of great people.

He didn't invent rockets or make them land but he definitely is the main reason we have that ability today right now. He was the driving catalyst.
 
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paindonthurt

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So do you think space travel is going to become a common occurrence in the future where SpaceX is like Delta airlines or FedEx for delivering goods to space?

At the end of the day, how is this company making money? Maybe I need to do research for myself but it feels like the Southpark episode of the underpants gnomes.
SpaceX is already doing things that generate revenue. But hey don't invest. You don't have to.
 

paindonthurt

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I am curious when we see another crash. I feel like it is coming soon, but we will see.
We will always have market corrections. And thats not really a bad thing.

Funny to me everyone was mad at the people who got bailed out in 2009, but no one was mad at the government for bailing them out.
 

RocketDawg

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SpaceX closed at $192.50 today. Pretty good return if you bought the IPO. 42.5%. I didn't but still got a decent return so far. I'll just let it be and see what happens.
 

mstateglfr

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We will always have market corrections. And thats not really a bad thing.

Funny to me everyone was mad at the people who got bailed out in 2009, but no one was mad at the government for bailing them out.
Dude, what?
Countless people were 17ing furious with the government for bailing companies out.
It was highly contentious and heavily discussed.
 

DT4248

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Apr 22, 2025
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Dude, what?
Countless people were 17ing furious with the government for bailing companies out.
It was highly contentious and heavily discussed.
Like lmao - what was he on? - America was so mad at the government for the 2008* bailouts, that we elected the young black guy to president rather than a white war hero. Because we were that pissed at the republicans.

In a place that often has stupid things said, that one was one of em.
 

JackReacherDawg

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It will never be anything like that. But SpaceX is already delivering goods (satellites and supplies for the ISS) and has been for several years. And they are the clear leader with Blue Origin struggling badly. SpaceX has 6 launches coming up in the next 9 days, which is a pretty insane schedule. If you want to take a gamble, you could short their stock for a few weeks from now. If one of those rockets blows up you could make a lot of money. Probably won't happen and you'd just lose your investment.
The problem though is those markets are pretty tapped out. Wheres the revenue growth going to come from? Is NASAs budget going to go to $500B and be SpaceX exclusive? Is Starlink going to replace all other forms of communication? The valuation is so insane that even if both of those happened, it STILL wouldn't support the valuation. By an order of magnitude.

So, its AI.
 
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patdog

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The problem though is those markets are pretty tapped out. Wheres the revenue growth going to come from? Is NASAs budget going to go to $500B and be SpaceX exclusive? Is Starlink going to replace all other forms of communication? The valuation is so insane that even if both of those happened, it STILL wouldn't support the valuation. By an order of magnitude.

So, its AI.
Well, they all say we're sending humans to Mars so that would be tremendous revenue growth. Of course that's a completely unrealistic fiction that it's even possible to send humans to Mars (at least ones that would survive the trip, landing, ascent and return flights), much less that we're actually going to do it. But it's a great way to get a LOT of funding in the meantime.

But yeah, it's hard to see SpaceX not being incredibly overvalued long term.
 

RocketDawg

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The problem though is those markets are pretty tapped out. Wheres the revenue growth going to come from? Is NASAs budget going to go to $500B and be SpaceX exclusive? Is Starlink going to replace all other forms of communication? The valuation is so insane that even if both of those happened, it STILL wouldn't support the valuation. By an order of magnitude.

So, its AI.
SpaceX also launches for DoD and many private entities. They're not depending on NASA alone.
 
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