People are treating SpaceX like a once in a lifetime opportunity.
But if you invest $11,000 today, SpaceX needs to reach $3.5 trillion just for you to make another $11,000.
For context, Microsoft's entire market cap right now is $2.858 trillion.
SpaceX needs to become larger than Microsoft, the 4th most valuable company on earth, just to double your money.
That is how expensive this IPO already is.
“So you bought gold at $5.5k few months ago because you thought it could reach $8k?”
“Yes, Dave.”
“And now you want to sell it at $4.1k to buy the SpaceX IPO at a $1.77 trillion valuation because you think it can 10x?”
“That’s correct, Dave.”
'Get a load of this limey D bag, he thinks this Harry Potter ass stadium is better than the Chucky Cheese Superdome, home of south east regional champs Massivehugetits State, Go tits!'
Some said Leicester City winning the premier league was as impressive as Forest's achievements in the late 70s. It wasn't but credit where it is due. It took Forest 27 years to end up in the third tier after being champions. Leicester have done it in 10.
Now that IS impressive.
VAT on private schools was supposed to fix issues with teacher numbers.
SPOILER - it didn’t & is increasingly likely to be costing the taxpayer not contributing to the pot due to kids leaving & schools closing at faster than predicted rate.
Slow hand clap for our Labour govt