2 ms·
What sort of liquidity is there? The other question I have is Elon is looking into nasdaq listing with passive funds buying from get go to keep the buying press
by tehlike 7mo ago
What sort of liquidity is there? The other question I have is Elon is looking into nasdaq listing with passive funds buying from get go to keep the buying pressure on a low float. Any risk that's not seen?
- vessenes 7mo agoFor reference, I've been asked in the last month for a $500mm chunk of stock to a single buyer at or (slightly) above the combination price. At that price, there is no liquidity - it's below ask.
- tehlike 7mo agoThank you. I recently saw a bunch of (mostly) engineers join just before ipo, and at 1.7T valuation it makes you really think how much market will take it. I never bet against Elon, and admire a lot about him, so not certainly a dig against him, just seeing what happened to figma (combined with software + ai down market) makes me really curious Otherwise, it's an amazing chance to work directly with Elon for sure