Space x ipo

[TonySoprano]

Anyone tempted to invest?
Biggest ever ipo

[silent majority]

Decided against it once looked at the details.

Overvalued seems to be the consensus.

[TonySoprano]

Yes, massively overvalued.

But a very exciting sector, which i own shares in.

Ive dipped my toe with space x, but nothing stupid. Just out of FOMO really.

[GazLaz]

157$ a share currently. We can revisit this in a month and if it is higher than that I am happy to show my arse in Woolies window! I may be wrong (and I’m always happy to be) but surely the serious players ride the wave of the Musk fan boys investing then sell off and take the profit.

[TonySoprano]

Playing out exactly how it was predicted. Up 30% currently, but absolutely will drop.

Im not banking my profit, im going to hold forever and start to DCA in around 6 months after its dropped significantly.

Also if I took the profit now, my broker will ban me from further ipo's for 6 months. Not good when theres potentially Open AI and Anthropic Ipo'ing in that time frame.