Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

SpaceX does internal sales of stock twice a year, so there will not be pressure from existing stockholders to sell. But there will be buyers. SpaceX is/was a great brand (before it became SpaceTwitter).


> so there will not be pressure from existing stockholders to sell

The IPO is structured as a massive overvaluation event specially for the insiders to unload their holdings. They're never going to get a better opportunity and they know it.

Long term SpaceX is all gravity.




Consider applying for YC's Winter 2027 batch! Applications are open till November 2.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: