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Chris
@Multibagger
2Lun·

Awesome space hype!

Today’s IPO of that overpriced “fast-food joint” SpaceX has really created a buzz in the sector as the U.S. markets opened. You can see that $JEDI (-0,49 %) a 5% gain this morning and also at the popular $RKLB (-0,78 %) , which was also up 6% this morning.

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Mr. K@TechNav
2Lun
It just plummeted 10%. How many people have been waiting for this moment to sell everything today?
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Stocktective@Stocktective
2Lun
Let's see how many SLs we can farm 🤣
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der_Don@der_Don
2Lun
Patience. Did you expect all space stocks to surge all at once? The capital will likely be poured into SpaceX for now, until it eventually spreads to the entire industry. Ultimately, the main goal is for the space industry as a whole to gain attention and become more important to investors.
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Chris@Multibagger
2Lun
@der_Don I couldn't care less. I sold $RKLB for $135. I might buy back in at $80. The main thing is that $IREN is up and running.
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TheTomatoInvestor@TheTomatoInvestor
2Lun
This seems like a great time to get started with Rocketlab
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Chris@Multibagger
2Lun
@risk_taker Yes, at $80
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G_Capital@G_Capital
2Lun
I'm heading into the weekend for now. Maybe someone there will explain to me what the stock market has actually been trying to tell us these past few days.
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Mr. K.@MrKobayashi
2Lun
$JEDI You don't sell that 🛸
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S.A.U.@SAUgut777
2Lun
I agree—I don't have any in my portfolio, but the price is skyrocketing 👍🏻
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Balance seeker@Balance_seeker
2Lun
These are times of great volatility. Fasten your seatbelts! Weeeeeeeee
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oskaroderso@oskaroderso
2Lun
It does seem like a relatively large number of people on $SPCX are just sitting on the sidelines as observers.
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Chris@1Chrischi1
2Lun
and just like that, up nearly 30% at SpaceX
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Chris@Multibagger
2Lun
@1Chrischi1 That was the appraised value.
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Chris@1Chrischi1
2Lun
@Multibagger kp 😛 I kept my distance too 😇
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Der O.@MMeier
2Lun
Just a little patience, and then short
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Gordon@GordonGecko_official
2Lun
It could also be a case of "sell on good news"; RocketLab has been added to the NASDAQ 100.
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Julian@MoneyISnotREAL
2Lun
When is SpaceX going to be added to the $JEDI ETF?

(I don't own the ETF and don't plan to invest in it. Just out of curiosity, in case anyone knows.)

Many people are in just for the short-term IPO, while some are in for the long term. Due to all the (negative) media attention, the stock has basically become a roller coaster anyway. Just wait three weeks, and then there’ll be a whole new scandal making the rounds 🙄😂
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Mr. K.@MrKobayashi
2Lun
@MoneyISnotREAL December, I think
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Chris@Multibagger
2Lun
@MoneyISnotREAL If it were called Anthropic, I'd draw it.😉
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PikaPika0105@PikaPika0105
2Lun
Aged like milk 🥛
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