Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

SpaceX Drops 14% in One Day, Price Now Below IPO Launch

finance.yahoo.com

Post reply on HN
Print view View original

31–40 of 68 posts

Re: SpaceX Drops 14% in One Day, Price Now Below IPO Launch

#33

Post by lucamark »

tcp_handshaker wrote: post #29
lucamark wrote: post #20

Let's grab some popcorn. - Price/Sales about 128x (NVIDIA had a peak of a 40x at its peak) - Bought Twitter per 44 billions. Inflated its valuation to $250 billion just by integrating it into X.AI - EnterpriseValue/EBITDA about 219x (30x for scaleup business) and negative Price-to-Earnings - Low free-float trick (minimal public shares available) Even the market efficiency hypothesis struggles to justify it

Spare a thought for the investors who bought SPCX at $218 on the 16 June at 10:00AM...They REALLY needed that stock....

That's bad for ETF owners too. Funds will be legally forced to buy a tightly restricted supply that will pump the price even more

Re: SpaceX Drops 14% in One Day, Price Now Below IPO Launch

#34

Post by redox99 »

lucamark wrote: post #20

Let's grab some popcorn. - Price/Sales about 128x (NVIDIA had a peak of a 40x at its peak) - Bought Twitter per 44 billions. Inflated its valuation to $250 billion just by integrating it into X.AI - EnterpriseValue/EBITDA about 219x (30x for scaleup business) and negative Price-to-Earnings - Low free-float trick (minimal public shares available) Even the market efficiency hypothesis struggles to justify it

If the Anthropic, Google, and Reflection AI deals stay afloat, the numbers are much better.

Re: SpaceX Drops 14% in One Day, Price Now Below IPO Launch

#35

Post by 2OEH8eoCRo0 »

stackbutterflow wrote: post #26

Not convinced it means anything in one way or another. I remember the same headlines right after Facebook's IPO. The discourse was very much that it was obvious that a website to connect with your friends wouldn't make money.

Facebook was profitable

Re: SpaceX Drops 14% in One Day, Price Now Below IPO Launch

#38

Post by contingencies »

drivingmenuts wrote: post #37
contingencies wrote: post #12

Earlier quoted context omitted.

AD TERRAM!

YOU MUST CONSTRUCT ADDITIONAL PYLONS!

It certainly wasn't a StarCraft or gaming reference, though I'm not surprised it was interpreted that way (personally bowed out of RTS ~C&C1). I do think you've got a good millennial-cultural catch-phrase for the zeitgeist AI datacenter funk there, though!

Re: SpaceX Drops 14% in One Day, Price Now Below IPO Launch

#39

Post by ralfd »

2OEH8eoCRo0 wrote: post #35
stackbutterflow wrote: post #26

Not convinced it means anything in one way or another. I remember the same headlines right after Facebook's IPO. The discourse was very much that it was obvious that a website to connect with your friends wouldn't make money.

Facebook was profitable

SpaceX is too with the Anthropic/Google deal
Post reply on HN