417
SpaceX Is Junk. That’s What the Bond Market Says
(archive.ph)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Jul 2026
417 points (100.0% liked)
Technology
86194 readers
2618 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
Day 1: "Let's see how this goes."
Day 2: "It's up 20%? I can't miss out on this gravy train!"
After drop: "It'll go back up for sure."
I don't know how fast it was before it peaked, but not everybody bought right away. Or people added more money after they saw it going up.
The IPO was 135, opened at 150 and closed on day 1 at 160.95 (but went up to about 175 briefly), closed day 2 at 192, then 201, and then it started coming back down.
So if you bought in on day 1 or on day 6 onwards, you're probably doing fine, but anyone on day 2-5 and they're hurting.
Everyone will probably be under by the time the insiders can start selling shares though.
Edit: Nasdaq 100 adds it tomorrow, so there might still be another pump until the insiders sell.
I bought right after the IPO at about $150. (A whole THREE shares lol) I watched it jump to $~220 and managed to sell at $215. Now it's just a spectator sport.