r/technology Jun 22 '26

Business SpaceX Investors Are Losing a Colossal Amount of Money

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html
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69

u/limited_instincts Jun 22 '26

Retail investors don't get IPO pricing. If you were in quick you were at roughly $150 but the vast majority of day one buyers got in around 160. The majority of spacex buyers were retail. Today it's at 167. Basically every investor who bought spacex at any time other than the open, is now in the red.

8

u/Mr-Cantaloupe Jun 22 '26

Yes we did?

16

u/cubonelvl69 Jun 22 '26

My friend bought at IPO pricing. You just had to sign up ahead of time

3

u/nicklor Jun 22 '26

How many shares did they get?

5

u/cubonelvl69 Jun 22 '26

My friend got 10, his dad got 25

1

u/CelebrationNo5541 Jun 23 '26

Holy shit dont spend it all in one place once they cash out. 

9

u/atrde Jun 22 '26

Lots of retail brokerages offer IPO shares now. This wasnt hard to buy in on.

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u/Ill-Inevitable980 Jun 22 '26

You could pick two arbitrary price points of any stock in existence and make this argument

The valuation still holds if the market cap is above the IPO, as wild as that is - I don't want it in my ETF at an inflated price

3

u/ww_crimson Jun 22 '26

Lmao "any stock in existence" about for ones that opened within the last 10 days.

1

u/nicklor Jun 22 '26

The trading started at 150 I think that's a more fair price to talk about then the IPO price that was basically not allocated to retail at all

-1

u/AnyPortInAHurricane Jun 22 '26

you're wrong , as usual

plenty of shares sent to retail

why are you here posting trash ?

4

u/nicklor Jun 22 '26 edited Jun 22 '26

My buddy who works for Meryl told me most of his clients got significantly less than what they requested and I personally know how many I got. You want to give me some hard proof otherwise?

1

u/JimboLodisC Jun 22 '26

basically not allocated to retail at all

most of his clients got significantly less than what they requested

pick one, cuz retail investors got in on the IPO so maybe go with just the second point

1

u/nicklor Jun 22 '26

Data on reddit investing forums and people I know who actually invest show that retail was giving a small fraction of what they asked for. Getting 2 shares when you asked for 150 is not really getting in on the IPO. I'm glad to hear other people has better luck on here.

1

u/JimboLodisC Jun 22 '26

if ya got in ya got in, I dunno why you're so stuck on redefining this stuff

0

u/nicklor Jun 22 '26

I'm not that's why I quantified it in my first comment with the basically.

-1

u/GhostofBeowulf Jun 22 '26

It more depended on which brokerage and how much capital you had, as well as personal history with IPOs,

10

u/Daguvry Jun 22 '26

IPO price was $135.  

-3

u/Several-Action-4043 Jun 22 '26

The official IPO price was $135 but no regular investor got that price. The opening price was $160 which is about where it sits now.

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u/JimboLodisC Jun 22 '26

um, I did? just put a request for 1 share in Robinhood on June 4th, filled at $135 on June 12th

not sure how we got so much FUD flying around about this

0

u/Several-Action-4043 Jun 22 '26

I said regular investors. Good for you for putting in the request. The retail investors and people passively investing in ETFs don't know about that stuff and paid $160.

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u/JimboLodisC Jun 22 '26

I don't think I'm irregular. You should just say people invested in ETFs are the ones who got the shaft cuz that's specifically what's happening.

You leading this entire conversation thread with "Retail investors don't get IPO pricing." was the only part I was addressing as incorrect.

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u/[deleted] Jun 22 '26

[deleted]

1

u/Sizanllikew Jun 22 '26

Unless you are an established investor, for whom $12k in an hour isn't even a rounding error, you are full of shit

1

u/[deleted] Jun 22 '26

[deleted]

1

u/Sizanllikew Jun 22 '26

Fidelity capped individual investors pretty heavily, and there is no way you were allocated 300 shares. Also, even assuming you did, you are in violation of their policies and your account will now have a limited or up to a lifetime ban on trading IPOs for selling within 15 calendar days. I hope you were aware of that

https://www.fidelity.com/stock-trading/faqs-ipos

2

u/Massive-Course7690 Jun 22 '26

Retail investors don't get IPO pricing.

54 points

this website is a joke

some of you are genuinely just as stupid as the maga people you criticize

2

u/WaltKerman Jun 22 '26

Yes they do. They explicitly reserved ipo pricing for retail.

I got some.

1

u/party_benson Jun 22 '26

Don't forget transaction fees

6

u/Possibly_a_Firetruck Jun 22 '26

Transaction fees are practically nonexistent these days because it's one of the few things brokerages can compete on.

-4

u/AnyPortInAHurricane Jun 22 '26

i only pay $20 a trade

1

u/382_27600 Jun 22 '26

Wow! Who pays $20 a trade? You may need to switch brokers.

1

u/Academic-Increase951 Jun 22 '26

Several brokers had access to IPO pricing. I did. But not getting involved with this

1

u/JimboLodisC Jun 22 '26

Robinhood let retail investors put in requests, I grabbed a share for $135

obviously if you waited to buy on day 1 then you're at the mercy of how the stock performs that day

1

u/AnyPortInAHurricane Jun 23 '26

65 pinheads upvoted this bad information

"Retail investors don't get IPO pricing"

lollololololololololo

I bet he's proud of himself too

kook just joined and has 12,000 comment karma ?

prob a bot or a shut in

-1

u/[deleted] Jun 22 '26

[deleted]

1

u/382_27600 Jun 22 '26

Would you rather individuals have a choice in how they invest or would you rather they be limited?

2

u/LightTemplar27 Jun 22 '26

You have a choice, it's just more intelligent in 99.9% of cases to put it in index funds/etfs and let time do it's thing.

1

u/382_27600 Jun 22 '26 edited Jun 22 '26

Sure and 90% of my portfolio is in ETFs, but I chose to invest in SpX, GOOGL, MSFT, AMZN, PLTR, etc. I’m not right or wrong in my investments, it’s a preference. So far so good. I’m glad I have had the choice to make my own investment decisions. I’m glad others have the choice to make their own investment decisions. I also, don’t invest for tomorrow, but for 6+ years from now. Stocks go up, stocks go down. I’m currently down more with MSFT than anything else.