Nothing else to add:
f..k spacex, buy bitcoin instead, own your piece of something bigger and more impactful than internet
:D
void said:f..k spacex, buy bitcoin instead, own your piece of something bigger and more impactful than internet
:D
SpaceX holds 18,712 btc.
It has a better business model than Strategy, and has also had a bigger impact than btc to the majority of the people.
I couldn’t live without Starlink, but I probably could live with just xmr.
JohnnyDoe said:SpaceX holds 18,712 btc.
It has a better business model than Strategy, and has also had a bigger impact than btc to the majority of the people.
I couldn’t live without Starlink, but I probably could live with just xmr.
starlink is a fair point as well as a current impact (when it comes to number of users), but that's going to change
whether to spend 1M USD today on SPCX (at this valution) or BTC is an easy pick, that's all I'm saying, it has nothing to do with whether spacex will do well
void said:starlink is a fair point as well as a current impact (when it comes to number of users), but that's going to change
whether to spend 1M USD today on SPCX (at this valution) or BTC is an easy pick, that's all I'm saying, it has nothing to do with whether spacex will do well
You don’t buy btc to make a profit.
I never buy on IPOs due to hype and lock in periods. I got burned on that when I was younger. That said, I’m not sure what the proper valuation for SpaceX is. There is a certain captive market for heavy lift launches that was heretofore met by Russians and government agencies, that is very much available for SpaceX to secure. There is also Starlink which certainly has market share though I’m not sure of the real profitability. There is some voodoo math in their accounting with respect to actual cost. For future growth, there is severe industrial bottlenecks in rocket and missile motor production for military applications which are mostly held by dysfunctional and inefficient legacy defense contractors. Anduril and SpaceX could be very disruptive in this space.
I will watch for a bit. There will likely be some kind of dip in the first year if you want to buy in post-IPO (I will not buy and be wrong about this).
Just for fun:
The lockup is a weird tiered structure but expires for most early investors in 180 days. I’ll watch and might put some in later this year. The earnings reports are going to be interesting.
Paratore said:I never buy on IPOs due to hype and lock in periods. I got burned on that when I was younger.
Welcome to the club! 🤣
A forum member and I were just discussing this on an alternate communication channels. What a coincidence! 😍
Sold. Don’t try this at home. For entertainment purposes only.
Okay, next time you’re going to a casino, I’m coming with you 😅 I’ll do exactly what you do because, as we can all see, it seems to be working 😅
Justit said:Okay, next time you’re going to a casino, I’m coming with you 😅 I’ll do exactly what you do because, as we can all see, it seems to be working 😅
Sorry for Elon, he’s no longer a trillionaire. Next time I will not sell everything at once 😏
True power moves in silence.
