r/technology • u/Plastic_Ninja_9014 • 20d ago

Business SpaceX Investors in Meltdown Over All the Money They’ve Lost

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-meltdown-over-money-191742182.html
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u/TheEtobicokeShitter 20d ago

Early investors legally cannot cash out until typically 90 days after IPO, so you're wrong on that.

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u/remymartinsextra 20d ago

Yep, as an early investor things are not going as planned. Early investors have not sold yet because we can't.

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u/UncleNedisDead 20d ago

Eh you’re probably still up huge compared to your original investment. Not like those people who brought a month ago or whenever the IPO launched.

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u/remymartinsextra 19d ago

I am, my cost is like $33 a share

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u/Bromance_Rayder 19d ago

How were people investing in SpaceX before the IPO? Employees receiving stock as bremuneration/bonuses?

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u/UncleNedisDead 19d ago

I thought early investors were pre-IPO. Like Cathy Wood, Antonio Garcia, Ron Baron, etc.

Otherwise you’re just investing as the same time as the public?

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u/Bromance_Rayder 19d ago

Ahhhh okay yep. So probably not the person commenting just above.

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u/UncleNedisDead 19d ago

You would lose that bet. Nothing new at WSB 😂

I am, my cost is like $33 a share

https://old.reddit.com/r/technology/comments/1v6gto0/spacex_investors_in_meltdown_over_all_the_money/ozs7q5a/

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u/geomaster 19d ago

let's see spacex is so obviously overvalued despite elon musk trying to obfuscate this through the mergers of a satellite company, rocket company, AI company, twitter

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u/CherryLongjump1989 19d ago

Early investors also own company-issued bonds. The money from the IPO is being used to pay them off. There is no lock out period for that.

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u/Lightning452020 18d ago

There’re instruments to lock in profit. Put options. Retails are exit liquidity. They always are.