alt Hacker NewsIsn't it realistically only worth talking about SpaceX stock a few years out? The random walk the stock will do after an IPO seems very uninformative.
Replies
sethops1 • today at 2:28 PM
Normally I would agree, but SpaceX being forced into the Nasdaq at a 3x multiplier makes this a non-normal situation.
enopod_ • today at 3:15 PM
This bit is not about the stock, it‘s about bonds. They made about $70B (?) in the IPO and now issued bonds for about $25B. This debt is rated at junk level now.
How often do companies issue a $25B bond the same month that they IPO?