So my buddy was chatting about all the hype around SpaceX's IPO today. Apparently, a bunch of platforms are offering pre-IPO deals for their users. Checked out X and saw around 3 to 4 major platforms already advertising early access options.
With a valuation expected to hit the $1.5 trillion mark when it finally starts trading, it's no wonder there's so much buzz. Big names and eye-popping numbers definitely grab attention.
But here's the thing, is it actually a smart move to jump in at this point? I’m mainly talking about the pre-IPO offerings for SpaceX that are out right now. Seems like timing and access could really play a huge role, but I’m still figuring out this whole risk versus reward situation.
Buzz about SpaceX's upcoming IPO
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SwiftPixelFull Member
Posts: 130 · Reputation: 572
#2Aug 3, 2019, 08:12 AM
There is always a risk associated with earlier investment, and there is also opportunity; if you are lucky, you just have to check yourself well before you go into it. Now the hype is too much, and this pre-IPO is being offered by already existing shareholders. If the company finally launches and there is to be an actual stock and share selling to the general public, there might be a chance that those who got in earlier through the IPO are lucky to buy shares at a low price. There is also another chance that it can be overpriced due to the hype.
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#3Aug 4, 2019, 03:02 AM
SpaceX deserved that valuation with the reusable thruster and Starlink which has generated big amount of revenue, its exposure to a company with the best tech and infrastructure. The hype is justified.
Compared to anthropic which isn't profitable at all yet rumoured to be offered at around $1.2 trillion it's far better offer from my point of view. Even though I doubt this discussion belong in this altcoin board.
The pre IPO valuation is absolutely non sense. 1.5T valuation for a company that has less than 16k employess is too big. No, i'm not going to take it. The only people who may feel fine to lose up to 60% of their money after IPO is gonna buy it. The price of their stock will be going down so crazily a half of year after IPO.
Beside that i have seen some crypto exchange sites are also offering this, but it's only good for degenerate.
I don't really understand stocks, so I don't have any idea about this. Talking about risks, wherever we invest, there will certainly be risks, if this SpaceX project has high hype, it would be good to be an early investor to steal capitalization from people who are late to get involved. BTW, can you make a post that's outside of Bitget's context for once? I know you're a Bitget shiller, but try to be more casual.
Now IPO's of company stocks are considered altcoin? I mean this is obviously not an altcoin, it's a stock, so I have no idea why we are discussing this. But if we must, then remember that all of the money tesla is making and all of the money SpaceX is making is thanks to regulations and subsidies and contracts.
It means, SpaceX may look great now, and improving, but that is mainly because of the billions and billions it received, not saying it did not deserve it, it has improved the space travel world tenfold, but that doesn't change the fact that if they never got a penny from taxpayers, then they would have not done this neither. Meaning, if you invest, and tomorrow Elon and trump goes mad against each other again, we could see SpaceX completely shut down.
Pls respect people's opinion and don't give off negative energy all the time.. FGS!
1.5t is the proposed valuation of when trading starts I think. Could be something good or something different.
CyberWhaleSenior Member
Posts: 169 · Reputation: 1151
#8Aug 4, 2019, 10:05 PM
The PRE-IPO offers sound interesting but it is only considered good if you clearly know that you have an edge buying in the PRE-IPO vs buying post IPO. Proper research fixes this. I have no doubt that SpaceX is a top tier and very high quality company, my only questioning would be just that if I get any edge or extra value buying into the premarket. Ask yourself that
I am not much of an IPO guy, so someone other than me can help with this and can explain this a lot better than me. But I remember coinbase had an IPO as well and became a stock, I am not really following the stock world anymore, gave up long time ago. But when coinbase first came out, it had a huge market cap, and then it crashed a lot, and stayed there for a long time.
I have not checked it recently, maybe it reached and passed and much higher right now. But one thing I remember very clearly was that it started very high and then crashed. So you need to ask yourself, could maybe IPO be higher price than it should be, and then it will fall? Because the hype makes most of them go up at first days, but slowly it crashes, until it recovers years and years later.
If you have extra money for you to join the pre-ipo, you have to do it. It's the times of excitement when there are like these that they're about to get public. But it's also worrisome that it's getting the hype but of course it surely will do because that's SpaceX. It's a complete world for most investors that they don't have an idea on how it will be in the near future for this industry. So, that's it, if you have the means now you're free to do it but that's how risky it is. Otherwise, wait until it ends and watch out the market and how it reacts when it's already traded.
viper_maxiSenior Member
Posts: 174 · Reputation: 1104
#11Aug 5, 2019, 07:58 AM
Followed this pre ipo thingy myself and I thought people won't be interested but I'm surprised. On Bitget it has crossed $100m in total commitment with less than 24hrs to go
didn't have to do much cos I have vip tag so I'm eligible for the airdrop but wow, alot of people are really going in hard on this
That's good for you, although everyone is aware of what this is all about. So for that specific platform, there's still enough time for those who haven't committed yet. I guess others are only waiting on how much it would be once it gets traded in public.
D4rkFalconSenior Member
Posts: 308 · Reputation: 1050
#13Aug 5, 2019, 01:20 PM
The hype around spaceX pre IPO it is basically the same that Centralized Exchange do with the pre-market back year ago but now is fading away. If you remember when market is pretty much bullish for bitcoin and there is so much good project like Eigen and other layer 2 almost all Cex create a new market called Pre-market that basically same with pre-ipo
the conclusion is if you like speculation this market gonna bring you lot of money but hey this all based on speculation this is same like prediction market nowaday
Is this real or a scam? Because I know that the shares are only available to accredited investors or institutional investors, and neither of them can be accessed through platforms like Bitget or investors with small amounts like $100 and $1000.
basedmatrixFull Member
Posts: 55 · Reputation: 269
#15Aug 6, 2019, 09:21 AM
Tried to read for many sources about it and it seems it really got a hype from lots of articles.
See this https://finance.yahoo.com/markets/crypto/articles/bitget-exchange-launches-ipo-prime-074213785.html? but I'm skeptical to use that exchange, since it got bad reputation due to some bad actions made here.
Also base on that article the real concern or risk is this.
It's real, and it's not a scam. The spaceX pre-IPO offered bitget is much more as an financial exposure given to the people who wanna gamble their money to get profit from SpaceX shares performance. They won't hand shares directly, and this is why even someone with small amount of money can participate in it.
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#17Aug 6, 2019, 12:14 PM
Most of these exchanges are 99% of the time only offer synthetic stock, we're just getting price exposure. In a nutshell, we are just unsecured creditor who gonna get the short end of the stick when the exchange collapses or something comes up.
Just imagine buying a stock and you have no equity, right, or even getting any dividend. When we buy stock from them, the stock's ownership basically belong to the exchange and not us. We buy and we own nothing.
The future market ones for stock is not different and I doubt it will be any different with those RWA stock assets. I believe they are synthetic and owned by the token issuer even if we paid for it.
Bitget is not an authorized investor to participate in the SpaceX pre-IPO, and even if it were, it would not be entitled to sell it. Therefore, what is happening is that Bitget is selling something it does not own. It is giving away a token with no value and making the value of the token track the SpaceX stock (which is something that will collapse in the future). If there are regulatory restrictions, Bitget will be accused of market manipulation.
basedmatrixFull Member
Posts: 55 · Reputation: 269
#19Aug 6, 2019, 08:20 PM
Correct, since what people could get from those synthetic produces is just price exposure and they won't get any real ownership on the stocks. So that also means they can't get dividends or even equity. There's huge risk to get nothing if Bitget collapsed.
So what people doing if they think buying those offering of those exchange is they are just renting on the exposure of that stocks. So what I think this is just speculation and not real investment. Since the stock will remain to the one who issue it and not with those people buy those synthetic stocks.
Its like they are joining the hype and taking advantage on the investors wants to invest on SpaceX pre IPO. I think its best for SpaceX to look at those synthetic stocks selling made by that exchange to avoid any potential financial lose and any other negative situations that will happen to people looking at SpaceX as reliable company.
If I where with those investors, I will not buy those synthetic stocks because its risky to try due to possible price manipulation.
Yeah it's synthetic and it was stated there if you read it. a synthetic instrument built in partnership with Republic that tracks SpaceXs economic performance after any eventual public listing.
Thats the part worth reading twice. The token no longer tracks SpaceX. It tracks a reference index pegged to SpaceXs post-IPO performance, if and when that IPO happens.
For the exchange, it's reputation is solid as a T1 exchange.. you can DYOR and not rely on some biased comments here.
I've seen this practise on Coinbase, kraken even Binance launched something similar with SpaceX, Bitget's move aligns with a broader "universal exchange" strategy to integrate traditional assets. Regulation scrutiny is allowed but I'm sure their partnership with Republic has that covered..so DYOR, Read more about it, the risks and rewards and don't spread biased opinions.. NFA.