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this post was submitted on 03 Jun 2026
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Technology
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Back when I used to collect comic books I'd always get excited by the 'book value' of something I owned, and my dad would always tell me "No matter what the price guide says, that comic is worth only what someone is willing to pay for it".
Most people who are going to buy into SpaceX are likely going to do it out of love for space exploration and a desire to be a part of SpaceX.
Even if the stock dips soon after the IPO, getting in early on a huge IPO such as this historically pays off huge in the long run.
Thing is, they’re aiming at that exact kind of investor to pump their valuation, by selling relatively few shares
Unfortunately they were merged with xai so they will likely go down with the ship
Then why don't they want to abide by the normal 12 month seasoning time period?
They’re only going public with 5% of the shares to constrain supply and push up price and thus total valuation. They’re also probably going to have to get rid of Xai as it is a dead weight on the company as a whole.
It’s going to be very messy and if people want anything to do with it, probably best to wait a bit longer and buy when it’s dropped substantially in value.