All Hokie, All the Time. Period. Presented by First Bank & Trust Company

J
Joined: 01/21/2013
Posts: 5,629
Likes: 7,006
Subscriber

June 12 will be the SpaceX IPO on Nasdaq SPCX the market cap in my opinion

will exceed 2.4 trillion by end of day. Nvidia is at 5.2 trillion and the most valuable company on the planet. SPCX initial offering will be around $105.32 but I suspect they will get gobbled up quick and you might be lucky to buy a share under $200 and $250 will be more likely. At that valuation price to earnings will be around 150X which is crazy and I thought 72X was crazy. They launch satellites and sell Star Link internet ......ok. Within 1 to 2 years the stock price should fall and maybe even be at a good price but I doubt it. Still I might buy two shares for my daughters tell them in 100 years it is going to worth some money once we start harvesting precious metals from asteroids and building space stations on Mars so they can leave to their grand children. Vampires have all the luck.
Posted: 05/26/2026 at 11:34 AM ET

Thread Replies (2)

Full Thread →
June 12 will be the SpaceX IPO on Nasdaq SPCX the market cap in my opinion
jdkhokie 05/26/26 11:34 AM ET
Like any IPO...
SarahVTHokie24 05/26/26 03:39 PM ET
I have to believe, Tesla will be rolled into this thing eventually but its
VT Pez4Life 05/26/26 12:23 PM ET