Subject: Re: spcx, which I guess is on topic
" Trading factors don’t last forever. The key for long-term investors is not to get caught up in that dynamic. No stock goes up in a straight line. And in the long run, earnings and earnings growth expectations will determine where SpaceX stock settles out.
For now, expectations are high, with Musk recently floating a $1 trillion revenue target by 2031. That might seem like pie in the sky, but it illustrates what SpaceX is trying to do: build space-based communications and artificial-intelligence businesses that can disrupt traditional telecom and tech players that generate hundreds of billions in annual sales on the ground.
Exactly how SpaceX shares will trade after more shares are available is impossible to say. Google, now Alphabet, never really struggled post-IPO. It rose almost 180% in the 12 months after an 18% day-of-IPO pop. Things didn’t go so smoothly for Facebook, now Meta Platforms. Shares posted a tiny day-of-IPO gain and were down about 30% a year later. Of course, shares of both companies have soared over the years as their profits have climbed."
Did anyone read the 500-page S1? Are any insiders or, any "affiliates" of the issuer making projections that are not disclosed in the S1? WHY bother to file an S1 if there is no, quiet period, not even one day?
Rock n roll, I can't wait to read the lawsuits down the road to see who gets named.