In light of new information from @anthony.invests that 4% of Blossom is now a $SPCX shareholder (which is crazy), I’d like to share my thoughts and analysis on why I didn’t buy the SpaceX IPO. … And also why I’m likely never going to buy shares of the company. I actually wrote a detailed post about this a couple of days before the IPO happened, so I’m just going to be sharing that post here: https://link.blossomsocial.com/7uYa/kjblxogv Unfortunately, this post was shadow banned (of some sort) for most of the time it was out, and it didn’t get much attention before the IPO happened. But! For any new shareholder, I thought it would still be worth shedding some light in hopes that it makes you all a little bit more informed on what you bought into. Plus, second time’s always the charm. Happy investing, folks!
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30 Comments
Paul @mrwhite007 · 5mo
I didn’t buy it either Mr B, I was too busy getting my hair washed and thus didn’t have time! Priorities priorities! 😂🤪
Mike L
@noviceadvisor · 5mo
You can just say because Anthony doesn't own it and it would be good enough for me :)
Mark Glendenning@marketwatcher · 5moEdited
Facebook dropped over 60% in 4m. That's like $spcx falling to 70 by October 2026. Let's see if it can repeat and fall to 100 by mid August
Not Financial Advice @anpc86 · 5mo
The tricky part or Devils advocate , look at IPO of Tesla back when trust in EV cars was not high relative to now , $17 and has multiple split shares... Today ~$400. Second tricky part is it seems like a lot of index funds will integrate this stock into their holdings ... so maybe no real need to buy directly unless to be used for swing trading I'm not going to buy SPCX either, feel I have enough coverage in space stocks.. I might focus on Space X supply chain instead.
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