this post was submitted on 20 Jun 2026

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The average SpaceX buyer post-IPO is almost under water after two-day slide (www.cnbc.com)

submitted 4 months ago by sanitation@lemmy.today to c/technology@lemmy.world

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[–] Einskjaldi@lemmy.world 5 points 4 months ago (3 children)

Initially no, they're designed to be under so that it surges after ipo, that makes it look good performance.

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[–] Serinus@lemmy.world 5 points 4 months ago

Well this one's designed to slip quickly into index funds and forced buying, so it makes sense to be high.

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[–] NotMyOldRedditName@lemmy.world 1 point 4 months ago (1 child)

Wouldn't they rather it not surge too much though, since in this case, thats billions that was left on the table.

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[–] Einskjaldi@lemmy.world 1 point 4 months ago

I think it's done so that the price goes up and benefits all the long term share holders.

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