food for thought, CNBC’s Jim Cramer has warned that SpaceX’s upcoming initial public offering (IPO) carries significant financial risks, pointing to the company's $4.9 billion net loss in 2025 and $37 billion in cumulative debt despite generating $18.6 billion in revenue. He cautioned that a limited initial release of shares could lead to an artificial valuation bubble that drains money from other market sectors. Cramer’s primary concerns regarding the SpaceX public debut include: Financial Fundamentals vs. Hype: He noted that despite strong top-line revenue growth (largely driven by Starlink), massive spending on AI data centers and Starship infrastructure has weighed heavily on profitability. He stated that purely based on the numbers, justifying a $1.75 trillion to $2 trillion valuation is difficult. "Sliver" Share Strategy: Cramer fears that if underwriters only release a tiny sliver of stock, intense demand from passive index funds and retail investors will send the stock soaring to $4 to $6 trillion—creating a speculative bubble that could burst later. Market Contagion: He warned that the sheer capital required to buy into the massive SpaceX, OpenAI, and Anthropic IPOs will force institutions to sell off heavy amounts of existing, profitable holdings (such as Amazon and Microsoft) to raise cash, putting downward pressure on the broader market.
Basically . . . if you can . . .Grab You 100 Shares in the morning and cash out in the evening Rocket River
who to believe ? you or Cramer, a former fund manager w over 40-yrs experience on Wall Street, and for > 20 years, have hosted a TV show that discusses stocks? what an easy choice! in this case, while cramer has elborated the details in support of his stand on the anticipated IPO, you've been unable/unwilling to provide anything.
If you skip the IPO, the shares will pop before you can buy them when the market opens in the morning.
Looks like you haven’t heard of the Inverse Cramer ETF. Read up on it before getting on your high horse. I’m not attempting to “provide” anything here. I was referencing the internet meme around the Inverse Cramer strategy. No need to make it personal. P.S. The way you format your posts is... unusual... but it does match the condescending tone. https://www.quiverquant.com/strategies/s/Inverse Cramer/ https://www.ultimamarkets.com/academy/what-is-the-inverse-cramer-strategy/
2.286T market cap. That's wild. But I think commercial rockets make more sense for exorbitant valuations than electric cars. can confirm bought 0 shares today.
Did you sleep like a baby Friday night? One of my total market ETFs likely bought some shares, making me the proud owner of SpaceX!!! FTW. ETA Reading the fine print: VTI will wait five days after the IPO before buying. VTI weights by "float" (the amount of shares available for public trading) rather than total market cap, so SPCX will make up 0.2% of VTI. Not enough to lose sleep over.
I've thought for many years SpaceX had the potential to become the largest company (by market cap) in the world eventually. I still do, but there is so much to execute that it won't be a smooth ride even if they do it. Expect lots of failures and motion sickness along the way. Everything hinges on Starship.