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Chris
@Multibagger
1Mo·

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 (+0,1 %) a 5% gain this morning and also at the popular $RKLB (+3,67 %) , which was also up 6% this morning.

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Mr. K@TechNav
1Mo
It just plummeted 10%. How many people have been waiting for this moment to sell everything today?
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Stocktective@Stocktective
1Mo
Let's see how many SLs we can farm 🤣
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der_Don@der_Don
1Mo
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
1Mo
@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
1Mo
This seems like a great time to get started with Rocketlab
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Chris@Multibagger
1Mo
@risk_taker Yes, at $80
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G_Capital@G_Capital
1Mo
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
1Mo
$JEDI You don't sell that 🛸
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S.A.U.@SAUgut777
1Mo
I agree—I don't have any in my portfolio, but the price is skyrocketing 👍🏻
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Balance seeker@Balance_seeker
1Mo
These are times of great volatility. Fasten your seatbelts! Weeeeeeeee
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oskaroderso@oskaroderso
1Mo
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
1Mo
and just like that, up nearly 30% at SpaceX
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Chris@Multibagger
1Mo
@1Chrischi1 That was the appraised value.
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Chris@1Chrischi1
1Mo
@Multibagger kp 😛 I kept my distance too 😇
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Der O.@MMeier
1Mo
Just a little patience, and then short
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Gordon@GordonGecko_official
1Mo
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
1Mo
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
1Mo
@MoneyISnotREAL December, I think
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Chris@Multibagger
1Mo
@MoneyISnotREAL If it were called Anthropic, I'd draw it.😉
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PikaPika0105@PikaPika0105
1Mo
Aged like milk 🥛
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