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charcircuit 2 hours ago

10% drop 1 month after IPO is normal for a stock. It doesn't mean it's heading for junk bond status.

me_again 2 hours ago | parent | next [-]

Stocks and bonds are different things, and the bond issue is separate from the IPO. Both are ways for companies to raise money, SpaceX did both. This thread's nominally about the bond, but for some reason everyone's talking about the stock.

eigenspace 2 hours ago | parent | prev [-]

Bonds are not the same thing as stocks.