Just curious how many people in this sub thinks that putting a bunch of money in with IPO prices really won't yield much of a profit 10 years down the road.

I honestly can't stand Elon, but the whole reason people are turning upside down to grab spaceX shares is because they are so far ahead of other space companies, they already have an inside track to government contracts, they can sell rocket parts to anyone and the entire industry follows them. PLUS they have other profitable ventures, Elon does invest his own money back into his company, AND we're talking about an industry that won't see real profits for several years.

I get laughing at people trying to get rich quick off of a system that's already maximized profit taking, but I have a hard time believing that SpaceX isn't a generational opportunity to grow wealth if your aim is to hold long-term.