@DanielW_Kiwi Land value. People typically have a payment number they can afford. Lower interest rates mean higher amounts they can borrow. Increased demand with an appetite for higher principal caused asset appreciation.
Realising Apple went public at under $2 billion and 15 times revenue in 1980.
SpaceX wants you to buy at $2 trillion and 100 times revenue in 2026.
That is not getting in early. That is being the exit for venture capitalists who have held this equity for years at a fraction of what you are being asked to pay.
Almost none of the retail investors buying this IPO will read the 300 pages before the book closes on June 11.
That is your entire competitive advantage right there.
@DanielW_Kiwi I used to come home from work, do the dinner, bath then it was wrestle mania.. they still remember Jimmy Fly Snuka having never watched him.. hehehe
@stationmum101 yeah.. expensive.. I went with Yokohama this time around because they were the cheapest known name brand.. Crickey they are expensive still.
@BigBearButt@KySquirrel_90 I got told by some neighbours that when they were buying their property the realtor said there was an old couple who owned the farm next door! Like what ?! Hehehe. I had a good laugh
@merkin_about@UnicrnShtMttrs I was staying at a 5 star hotel in Tokyo and I hired the hotel Shiatsu. She was a very old woman that was blind, she was lead into the message room and proceeded to squeeze the living daylight out of every muscle I had.. I was in pain for a whole day after.. but WOW amazing..
@pmarca@AOC A single large data center can use 300,000 to 5 million gallons per day if they use evaporative cooling.. the cheapest way to cool. Many modern data centres can and do use chilled coolant water based but loss is very little
I have been looking forward to an opportunity to invest in starlink. Then the ipo comes along with all sorts of high risk stuff attached and it is all over valued. I reckon waiting a year to let the market price drop is a good idea.