SpaceX's valuation was completely stupid, and the stock could fall to $100. x.com 

SpaceX is a $3T company doing only $18.7B of revenue with a negative profit margin, which even a brilliant IPO cannot justify. A tiny float, forced index and ETF buying, 4x oversubscription and a staggered lock-up created the demand, but this will not end well; it is not interesting anywhere above $100, and even profitability would not warrant $3T. Per a post the author replies to, staggered lock-up releases could free up to 65% of insider stock between late August and October. x.com  x.com  x.com  … Show more

SpaceX's Q3 growth and guidance make a small position worth considering despite its still-expensive valuation. Revenue reached $14.58B versus $12.54B expected, up 161% year over year, and Q1 2027 guidance is $33B-$37B. A small start around $144 is under consideration, with more aggressive buying reserved for below the $135 IPO price. x.com 

SpaceX's IPO is a classic wealth transfer from new buyers to pre-IPO holders: major IPOs at peak valuation are designed to let insiders and early investors cash out, with launch-day buyers providing their exit liquidity. SpaceX is down roughly 27% in five days. x.com 

SpaceX's earnings are nothing phenomenal against its $2 trillion valuation. Its P/E is 2,000 and P/S is 170, with $4.4 billion in profits after losing that much in Q1 2026; another $2 trillion company makes $50-60 billion in net profit. x.com 

SpaceX will be a $10 trillion company, so a roughly $2 trillion entry is not particularly expensive given where it will be in the 2030s. Per @ZaStocks, it just launched Google's TPUs into space, validating space data centers, and flew three missions in under 13 hours while landing four boosters, both firsts. x.com  x.com 

SpaceX shares are worth hedging while everyone is hyped, with roughly $400B of unlocks still coming and the Anthropic IPO ahead. Per the FT, via @DeItaone, SpaceX is looking to raise $40B in Apollo-led financing to buy Nvidia chips. x.com 

SpaceX's roughly $2T valuation is hard to justify while it burns $10B in cash annually and the market expects it to put hundreds of billions of dollars of chips into space next year. x.com 

SpaceX's blowout earnings make its somewhat lofty valuation deserved. Elon Musk said it could exit 2027 at $500 billion to $1 trillion in annual recurring revenue, an ambitious forecast that looks achievable for SpaceX. x.com  x.com 

SpaceX's IPO looks richly priced at about $1.75T for an unprofitable, founder-controlled, thin-float company, with demand driven by forced index buying rather than confidence. Nasdaq and FTSE Russell added fast-entry rules, making funds such as QQQ mandated buyers, while fully invested index funds must sell existing mega-caps to fund the new weight. The founder keeps about 82.4% of the vote, and 90–180 day lockups will add fresh supply once the forced bid fades. x.com