THE BIGGEST IPOs OF THE LAST 15 YEARS HAVE ONE THING IN COMMON:
THEY CRUSHED THE PEOPLE WHO BOUGHT THE HYPE.
🇺🇸 Robinhood -90%. Rivian -88%. Lyft -79%. Coinbase -57%. Facebook -54%. Median max drawdown: -54% in year one.
Big brands. Big narratives. Big backing. Still brutal entries.
SpaceX has the same DNA: enormous hype, low float, early investors deep in the green and waiting to sell.
A great company isn't a great IPO buy. By the time everyone wants in, they are the liquidity.
If you put $100 into SpaceX IPO when the company is valued at $1.75 trillion
and Elon takes over the entire universe and 100x's the company to $175 trillion...
You'll only make $900 in profit
Yeah, no one is going to get rich off this
There really aren’t any rules. You just go to court. If it fails, go to court again until a judge says you’re all set.
Want a 7th year?
Sure
Broke rules?
Ahhhh, it’s fine.
There AREN’T any rules.
@fmcswainjr@NUCLRGOLF This is so ignorant. You should be concerned with people padding their handicaps, not those who take gimmes and artificially lower their caps.
The world No. 1 is absolutely miserable on the golf course right now. Scottie has not stopped yapping for 10 minutes to his caddie Ted Scott. Utterly perplexed. “I DONT KNOW WHAT TO DO!”
Go easy on yourself this weekend.
@Top100Rick I didn’t think he was doing either. He seemed genuinely perplexed and frustrated by, in his mind, hitting good shots and being punished? Anyone who plays a lot of golf has been there before. Audio isn’t great but didn’t seem like he was blaming Scott?
So under full Republican control, the Republican controlled Senate can’t pass the Save America Act for election integrity, the House just passed a bill giving another $9 billion to Ukraine, Republicans are planning to merge our military with Israel’s military while Trump has us in another foreign war that’s costing $2 billion a day and has driven gas over $4.50, and not a single person has been held accountable for the pedo Epstein files.