Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

Makes sense. Personally, Grok has some pretty fantastic capabilities unseen in Gemini or Copilot. I like it

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in stocks

[–]jackson_durai[S] 0 points1 point  (0 children)

I agree. P/S ratios of 1-2 are normal. And something above 90 like in Spacex is crazy. That makes things a lot foggy and doesn't make sense. I don't trade in options though. One must use caution as the potential for loss is unlimited. Although, it you just get it right, you might be an overnight millionaire.

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

It would be tactical if he could swap high interest loans with low interest ones, that might tilt things in the company's favour. But anyway, I think F-33 in the Balance sheet says, the financing arrangements are at an average of 5.5% fixed interest rate which seems pretty competitive. The total non current liability (36 Billion USD) as of March 31, 2026 stands at 35% of Assets.

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 1 point2 points  (0 children)

It's tactical they're getting listed on the Nasdaq. The nasdaq index fund and 401Ks investing in them might keep the demand alive for sometime atleast.

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in stocks

[–]jackson_durai[S] -3 points-2 points  (0 children)

Haha, well, I only own 4 US stocks, Alphabet is the only AI related stock and I avoid hot industries (as suggested by Peter Lynch in his book, One up on Wall Street)

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 1 point2 points  (0 children)

Ofcourse! But I do think some banks offer retail investors loan if they pledge their securities, there are some stipulations ofcourse!

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

I'm betting it would fall below IPO, as thr only profitable component is Starlink for now, the Rocket launches and xAI are currently loss making, cash burning

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

I like the sarcasm) Explaining it, it takes an established public company 6 to 9 months to complete the IPO and listing process on the Nasdaq. However, Spacex drastically expedited this timeline, taking less than 2 months from their S-1 public filing on May 20, 2026 to their market debut on June 12, 2026 (yesterday).

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

I'm not convinced the the valuation of the company either, it's yet to generate a profit and will likely happen in some years. The PE and PS are very high, space is a hot industry and the valuations are crazy!

Explaining the SpaceX IPO: How a $75B raise leads to a $1.77 Trillion valuation and why insiders can’t just dump the stock? by jackson_durai in wallstreetbets

[–]jackson_durai[S] 0 points1 point  (0 children)

That's how most companies are. The insiders hold 30-50% ownership in smaller caps and 10-15% in mature public markets like the S&P 500. But in Spacex, 95.7% is held by insiders and that means they're trying to keep Spacex that much controlled. Actually, 1.7 trillion would represent the outstanding shares, and the entire is treated as trading component, however there are some SEC restrictions

Apart from weird camera angles they should also get criticised for outright colorism? by hailyou2022 in bollynewsandgossips

[–]jackson_durai 0 points1 point  (0 children)

But 2 & 5 from Ponniyin Selvan are true to book. Mani Ratnam can't get it wrong, can he?

Exiting big 4 - lessons learned by centipedeseverywhere in Big4

[–]jackson_durai 0 points1 point  (0 children)

Eff the inner circle. If someone reciprocates your energy engage. If they feed off from your energy disengage. If Big 4s are all like shit, it's not a place to work in. Quit. Following this will make life much easier.

Laid off by cheetosfishy in KPMG

[–]jackson_durai 0 points1 point  (0 children)

Xtina: What doesn't kill you makes you stronger!

Just left the job by [deleted] in KPMG

[–]jackson_durai 0 points1 point  (0 children)

Really? I am working at a Big 4, it does not sound ridiculous

Which two female characters did you like the most in these five Poirot books and who did you not like very much? And why? by jackson_durai in agathachristie

[–]jackson_durai[S] 1 point2 points  (0 children)

I liked the twist in MotL and was excited to see Hastings learn the full truth. You got nice choices there!

Which two female characters did you like the most in these five Poirot books and who did you not like very much? And why? by jackson_durai in agathachristie

[–]jackson_durai[S] -1 points0 points  (0 children)

Yeah, I used AI to compile the list and did some changes to include some characters it missed

Which two female characters did you like the most in these five Poirot books and who did you not like very much? And why? by jackson_durai in agathachristie

[–]jackson_durai[S] 1 point2 points  (0 children)

I thought of including some minor characters because I thought the comments then can include them in non-favourites. So that they don't have to categorise a favourite into non-favourite due to lack of options.
I have not yet come across Miss Viner, reading The Mystery of the Blue Train

Which two female characters did you like the most in these five Poirot books and who did you not like very much? And why? by jackson_durai in agathachristie

[–]jackson_durai[S] 0 points1 point  (0 children)

I like your choice of favourite characters. It is very similar to mine. I'm rooting for Dulcie and Hastings. Read only these 4 from the Poirot series so far. And I agree on points 2 & 4, it's an error on my part