29 karma · joined September 4, 2025
[...] Elon Musk sits outside this entirely. He and select major backers have committed to a full 366-day lockup. Given that Musk controls the majority of voting power, his agreement to stay locked up for a full year is a meaningful positive signal. https://finance.yahoo.com/markets/stocks/articles/spacex-sto...
I will not be trying to participate in the IPO. I do think waiting until the first 20% unlocks and potentially sold into the market would be reasonable thing to consider. Long term I think this is majorly bullish based only on the xAI infrastructure plays.
From an engineering standpoint, no one else has the technical capability right now to land a rocket and refurbish it and send it back to space with the speed that SpaceX has demonstrated.