Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
khurs
89 days ago
|
parent
|
context
|
favorite
| on:
Starlink unlimited aviation plan to rise from $10k...
Will be interesting to see if Elon regrets only floating 4% [0] of the company at the IPO and not more seeing as it was over subscribed.
[0]
https://www.businessinsider.com/spacex-ipo-spcx-stock-free-f...
bakies
89 days ago
|
next
[–]
does low float and high demand drive the price up? the article just says more volatility which makes sense, but over subscribed would make me think it would have a higher price. Everyone is already bailing on their positions?
tcp_handshaker
89 days ago
|
prev
[–]
You missing the point...the 4% that is what caused the artificial scarcity.
khurs
89 days ago
|
parent
[–]
Slightly over subscribed would say yes, but vastly over subscribed indicates they went too low?
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:
[0] https://www.businessinsider.com/spacex-ipo-spcx-stock-free-f...