Do you think SPCX IPO price ($135) will be some sort of "floor"? On one hand, it's the IPO price. On the other hand, it's not a round number support like 140 or 130 and Given the war with Iran, oil prices, and the overall market trend, it doesn't look very good.
>>62477492There are another three Chinese Falcon 9 clones that are likely to perform a successful landing over the next 6 months, and about a dozen Chinese Falcon 9 clones over the next 30 months.
ain't no floors in space Sonyou've entered The New Dimension of Bottomless Trash now.
>>62477507He can't compete with chinese EVs, he can't compete with chinese robotics, he can't compete even with chinese AI, and now he won't be able to compete with chinese rockets. I hope he goes bankrupt and kills himself.
Oh btw, also he can't compete with chinese infrastructure. Just remembered that pathetic project from his boring company to build a tunnel to solve LA's traffic but only achieved 2.1 miles. Meanwhile China build railways 2700 miles in length in the same tiem period.People that bought the pedo con man state funded company stocks have frontal lobe damage.
>>62477507Long March 10ALong March 10CLong March 12ALong March 12BKuai Zhou 6Zhu Que 3Tian Long 3Pallas 1Hyperbola 3Yuan Xing Zhe 1Nebula 1Nebula 2
>>62477492No, because the float is still tiny and is going to progressively expand, starting late july. The forced nq institutional buying has come and gone.
>>62477492yeah maybe for a couple of minutes.
>>62477492No. The IPO price is not a floor. It's just everyone's earliest entry. Most investors get a piece of exposure at ipo and then really truly start their position after a 40-60% dip.
>>62477507How come chinese clones aren't exploding?
>>62477492LMAO op still thinks oil matters in stocks