SpaceX Stock First Week - Are You In or Watching From the Sidelines

[ShawnMichaels_99]

SpaceX is now publicly traded under SPCX, closed up roughly 25 percent on day one from its 135 dollar IPO price, giving it a valuation north of 2 trillion dollars. Morningstar pegs fair value at 780 billion, less than half the current valuation. The company has accumulated losses of 41.3 billion dollars since 2002 according to its prospectus.

MSCI fast-tracked it for large-cap index inclusion on day one which creates mandatory passive fund buying pressure. Nasdaq-100 eligibility arrives around early July adding a second structural buying event.

Did you buy in, are you waiting, and how does the Anthropic and OpenAI S-1 pipeline affect how you think about AI infrastructure investment generally?

[CosmicRay67]

Did not buy at IPO. The gap between Morningstar fair value and the IPO price is too large to ignore on a company that has been loss-making for 24 years

[Cheeky Kernel]

The MSCI and Nasdaq-100 inclusion mechanics create genuine structural demand separate from whether the stock is fairly valued. Index-tracking money has to buy it regardless

[Anvil33]

Bought a small position purely as a portfolio hedge against the AI infrastructure thesis being correct

[Omega]

The accumulated losses number in the prospectus should get more attention than it is. You can have compelling technology and still be buying a very expensive piece of paper

[FairDos47]

Watching from the sidelines for the first three months. See where it settles post-index inclusion before forming a view

[Di82]

The pension fund concern is real. Public market investing in unproven-profitability AI infrastructure companies at 2 trillion dollar valuations is a different risk category than traditional equity investing

[Rocket67]

The 3.6 trillion dollar combined pipeline means public markets are about to price two frontier AI labs and one AI infrastructure company simultaneously with real disclosed financials. That is genuinely interesting