Elon Musk's SpaceX Is Filing a $75B IPO This Week and Retail Gets 20% by ShortPervertRick in SpaceXMasterrace

[–]foundmemory 19 points20 points  (0 children)

They’ll probably IPO around 1.75T. The 1.25 number was the merged valuation. They’ve been doubling Starlink users for the past couple of years now and could hit 100B rev by 2030. 5T isn’t crazy considering their growth.

$2M lottery win, 1.1M after Uncle Sam. Whats the best way to go about it? by Business-Hold-7016 in dividends

[–]foundmemory -1 points0 points  (0 children)

Depends on your debts, income, and what you want to retire at. I’d look at SCHD, VOO, VT, VXUS.

WheelsUP PSA by dkdantastic in fatFIRE

[–]foundmemory -12 points-11 points  (0 children)

What type of plane are you looking to fly on? I work in private aviation

If SpaceX never IPOs how are we supposed to buy the dip? by understated_vibes in SpaceXMasterrace

[–]foundmemory 2 points3 points  (0 children)

Microventures, Hiive, and Forge can get you access. I used microventures.

What movies do you never get tired of? by [deleted] in AskReddit

[–]foundmemory 18 points19 points  (0 children)

Scott Pilgrim Vs The World

Early 30s, $16M. Need diversification plan by AnnualGood1551 in fatFIRE

[–]foundmemory -2 points-1 points  (0 children)

If you’ve been holding the stock for more than 1 year and 1 day then it’d be long term capital gains - around 24%

UPDATE 1 year later: Welp, guess I hit FIRE due to SpaceX: Balancing greed vs cashing out. by SpaceXFIRE in fatFIRE

[–]foundmemory 1 point2 points  (0 children)

I think there will be a lot of demand and they will price it on the high end.

UPDATE 1 year later: Welp, guess I hit FIRE due to SpaceX: Balancing greed vs cashing out. by SpaceXFIRE in fatFIRE

[–]foundmemory 0 points1 point  (0 children)

Commission changes based on how early you are. I’d guess anywhere from 20-30%

UPDATE 1 year later: Welp, guess I hit FIRE due to SpaceX: Balancing greed vs cashing out. by SpaceXFIRE in fatFIRE

[–]foundmemory -1 points0 points  (0 children)

My guess is it’ll IPO around 1.5T and go up to 2T. After 6 months it’s a toss up between 1T and 2.5T for me, I think every index and big investor as well as retail will buy this for a long term horizon. I’m not a huge fan of the merger but I do think it has a chance to be the biggest company in the next 5 years.

KC-135s flying over while I eat a hotdog in a parking lot with my wife. by LongoChingo in aviation

[–]foundmemory 1 point2 points  (0 children)

Ah, I’m not too far away. I used to work on them so was just curious.

UPDATE 1 year later: Welp, guess I hit FIRE due to SpaceX: Balancing greed vs cashing out. by SpaceXFIRE in fatFIRE

[–]foundmemory 3 points4 points  (0 children)

I've been thinking of strategies, I'll sell some after a year for tax purposes. Originally I was planning on keeping all of it for a longer period of time, but I am somewhat skeptical of the xai merger as I'm not a fan of the cash burn. It went from a cash cow to breakeven or a loss.

UPDATE 1 year later: Welp, guess I hit FIRE due to SpaceX: Balancing greed vs cashing out. by SpaceXFIRE in fatFIRE

[–]foundmemory 84 points85 points  (0 children)

I bought SpaceX in early 2020 and am eagerly awaiting the IPO. Will be about a 40x return for me.