| ▲ | Sol- 4 hours ago |
| Isn'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. |
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| ▲ | danso 4 hours ago | parent | next [-] |
| How often do companies issue a $25B bond the same month that they IPO? |
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| ▲ | ImJamal 3 hours ago | parent [-] | | If AI is accurate, bonds are issued in the same month as the IPO 1-2% of the time. Some examples are HawkEye 360 (May 2026), Pinduoduo (2018) and VersaTel Telecom. I didn't double check this so I don't know about the veracity, but it seems like it happens on rare basis. | | |
| ▲ | hightrix an hour ago | parent | next [-] | | If I found a random comment on this topic on reddit, didn't read the comment, and then just copy pasted it here, would you feel respected? This is the same thing. Stop. | |
| ▲ | dbvn 3 hours ago | parent | prev | next [-] | | So don't regurgitate it without checking. You're putting the onus on the person you're talking with | |
| ▲ | 3 hours ago | parent | prev [-] | | [deleted] |
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| ▲ | sethops1 4 hours ago | parent | prev | next [-] |
| Normally I would agree, but SpaceX being forced into the Nasdaq at a 3x multiplier makes this a non-normal situation. |
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| ▲ | jeremyjh 2 hours ago | parent | prev | next [-] |
| This is about a bond issue - a large drop in value there so soon after issue is far more unusual and much worse news. |
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| ▲ | enopod_ 3 hours ago | parent | prev | next [-] |
| 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. |
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| ▲ | exabrial 4 hours ago | parent | prev [-] |
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| ▲ | postalrat 4 hours ago | parent | next [-] | | Why is this only about Elon to some people? It's not only about Elon. | | |
| ▲ | fnordsensei 4 hours ago | parent | next [-] | | I have a friend who unironically said "Elon Musk is the most important human who has ever lived" | | |
| ▲ | qup 3 hours ago | parent [-] | | Who's your pick? | | |
| ▲ | nemomarx 3 hours ago | parent | next [-] | | Genghis Khan or Napoleon, maybe? Probably you'd want to pick someone further back but before the modern era you lose details. Musk has made some tech innovations but he hasn't changed the lives of many generations of people yet. I'd only put him at the level of Edison | |
| ▲ | fnordsensei 2 hours ago | parent | prev | next [-] | | Whoever came up with the wheel, maybe? Perhaps someone carrying the original homo sapiens mutations? | |
| ▲ | Auracle 3 hours ago | parent | prev [-] | | I’m not who you replied to but that’s honestly an interesting question. Genghis Khan? Jesus, I suppose? Elon Musk is probably up there, though. You could say people like Henry Ford are on his level, but Elon is certainly more broad in his scope. I think people like them are probably accelerationists, meaning someone else would have done what they’ve done eventually. That could be a long eventually though. It’s hard to compare them to people who shaped history through their actions that nobody else would have done the same way. | | |
| ▲ | fnordsensei 2 hours ago | parent [-] | | You'd probably want to be more precise regarding "important for what" as well. And the philosophical angle: if the person hadn't existed, would someone else have slotted in to take their place? Is the impact measured in years/decades, because the overall historical forces were heading in a direction anyway? Is it like trying to say "the most important bacterium in a petri dish"? Without diminishing the impact that Musk has had, I'm fairly certain that Musk isn't the answer. And either way, the intent of saying that Musk is the most important person in history I'm fairly certain wasn't a very grounded decision. I'm sure it was more an expression of reverence and fealty. |
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| ▲ | iririririr 3 hours ago | parent | prev [-] | | because the value (or lack of) on most companies he manages are tied to his personality cult. it's the main "product" of those stocks, not always what the company does. see the tsla rewards (hence investments), the board places more resources on musk doing his road show than factories, as proved by hard factual numbers. |
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| ▲ | 4 hours ago | parent | prev [-] | | [deleted] |
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