This reminds me of how people talked about tech stocks before every big correction. A great story can still become a terrible entry price.
Maybe I’m missing something, but why are people acting like a future SpaceX IPO is guaranteed to make everyone rich?
#FOMO#investing#IPO#personal finance#retirement#SpaceX
Every time SpaceX comes up, people talk about it like it's a winning lottery ticket before it even exists. Am I the only one who thinks expectations are getting completely out of control?
AI Summary
Replies debated whether SpaceX would be a rare long-term opportunity or another example of investors turning a great company into an overpriced public stock. Most users agreed that hype alone should not be treated as an investment plan.
Answers & Discussion
Great company does not automatically mean great investment. If the valuation is already insane on day one, regular investors may not get the upside they expect.
I understand the hype because SpaceX is not a normal company, but people still need to separate the business from the price they might pay for the stock.
The danger is people buying because they do not want to miss the next Tesla. That is not analysis, that is fear of missing out.
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