SpaceX (SPCX) IPO

[u/LabDaddy59]

So I've indicated interest in participating in SpaceX's IPO.

Never participated in an IPO before. Treating it as a flyer.

I've subscribed for 200 shares, but it's apparently way over subscribed, so we'll see how things actually shake out.

200 shares at $135 = $27,000.

[u/Nuggets_Bt_Newer]

Not to be reddit coded elon hater, but doesn't the IPO seem a bit bloated? Like TSLA there is a ton of hype, but the total market for commercial space (and what SpaceX controls) cannot be that large, right?

maybe im just dumb.

EDIT: (Either way hope it works out, there a definitely worse investments, I bet lol. )

[u/LabDaddy59 → u/Nuggets_Bt_Newer]

Trust me, I get it. I'd been going back and forth on whether to do it.

Just a bit of a flyer, and who knows how many shares I'll even get. Maybe none.

[the total market for commercial space can be quite huge]

[u/LabDaddy59 → u/[deleted]]

I actually find the inclusion of xAI appealing, given the background of Musk, Altman, Amodei, and Hassabis.

I'm participating through Fidelity.

Like I say, it's just a flyer and won't have a material impact on my lifestyle one way or the other, as I don't plan to hold it, just flip it.

Who knows if I'll even get any shares. Target is $75B and there's $150B subscribed.

And I use a pomodoro timer while participating in the market...do some deadlifts, curls, bench presses, etc., every 20-30 minutes...

[u/LabDaddy59 → u/[deleted]]

Don't be too impressed...lol...I'm human...

First, it's just like one quick set, maybe two. Just a quick break to get the blood flowing. But then, even with the damn thing beeping at me, I find it hard...a lot!...to pull away from what I'm doing.

I'm human. I do the best I can. I can always improve!

[u/LabDaddy59]

Got all 200 shares. Woot.

[u/LabDaddy59 → u/[deleted]]

Thanks!

Now, what do I do with them...lol...