Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
Oh look, the completely expected and basically dependable event that happens after EVERY IPO, happened. Anyone jumping on an initial IPO is a fucking idiot. They always go under.
They might eventually still make it back to be profitable if they wait months or even years… or they could have waited a few weeks and bought the inevitable dip and never been underwater in the first place, making more profit.
Oh look, the completely expected and basically dependable event that happens after EVERY IPO, happened. Anyone jumping on an initial IPO is a fucking idiot. They always go under.
They might eventually still make it back to be profitable if they wait months or even years… or they could have waited a few weeks and bought the inevitable dip and never been underwater in the first place, making more profit.