My $SpaceX IPO prediction:
The demand is going to be absolutely ridiculous.
People who have never bought a stock in their life will suddenly be opening brokerage accounts because they don’t want to miss the next big thing.
The stock will rip. Financial media will be talking about it nonstop. Social media will convince everyone it’s a guaranteed winner.
And that’s exactly when a lot of people are going to get smoked.
Not because $SpaceX is a bad company.
Because IPO mania has a way of making people forget about valuation.
My prediction? Massive run-up in the first few days, followed by a painful reality check.
I wouldn’t be surprised at all if $SpaceX is trading well below its IPO price just a few months later.
Bookmark it. 🚀🔥📉
HEST Outdoors has expanded its collaboration with @Rivian to introduce a custom-fit memory foam sleep system designed specifically for the all-new mid-size electric R2 SUV.
Read the full product announcement now:
https://t.co/PobnpakCRy
#hestoutdoors#rivian
@DomDoesMedia@EV_carba They’re putting an event together for deliveries on tuesday for influencers and special people. Never said it was for regular people on day one. Im pretty sure people like @RivianTrackr will be getting them tuesday and making content. The headline is disingenuous.
@mrfundman If they discontinued the model S and X, what makes you think they will build a new line for a roadster, which will sell fewer cars and cost more?