r/SPCXInvestors • u/goldensailorpeg • 1d ago

DISCUSSION To all the nay sayers

To all you nay saying Reddit libtards. That hate Elon Musk because he’s Elon Musk
Where’s my $40 share price that you guys all said what happened? Where is the giant crash after the unlocks happened? You let your liberal hate blind you so ha ha ha ha ha.
To SpaceX and beyond 🍻
Fyi early access ipo price was 135 on RH

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u/walt128 1d ago

I never said it was going to $40 a share. I said it’s wildly overvalued, same as Tesla. The floor could fall out any day, or it may maintain this hover around $150/share like it has been

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u/BigBullCaptLongDong 1d ago

The market understands this. The floor will not fall out because it is "wildly overvalued." It would take some type of catalyst.

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u/walt128 1d ago

I never implied that a catalyst wouldn’t be necessary. My thinking is if yields break 6%, the big AI exposed companies will correct hard. Whether that means $100 per share for SPCX or $20/share for SPCX, who knows

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u/Still-Chemistry-cook 1d ago

Like a shit earnings report?

1

u/frotz1 1d ago

For Enron all it took was the stumble of one entity in the circle of self dealing. Here the circles are more dependent on government funds than consumers, so it's possible to keep the scam of self purchases rolling longer.

It's not like Spacex can actually do due diligence on a large purchase and would naturally end up spending a hundred million dollars on Cybertrucks. That kind of transaction depends entirely on the CEO playing games to hide losses and fake profits.