3 ms·
Will be interesting to see if Elon regrets only floating 4% [0] of the company at the IPO and not more seeing as it was over subscribed. [0] https://www.busine
by khurs 3mo ago
Will be interesting to see if Elon regrets only floating 4% [0] of the company at the IPO and not more seeing as it was over subscribed.
[0] https://www.businessinsider.com/spacex-ipo-spcx-stock-free-float-volatility-elon-musk-nasdaq-2026-6 https://www.businessinsider.com/spacex-ipo-spcx-stock-free-f...
- bakies 3mo agodoes low float and high demand drive the price up? the article just says more volatility which makes sense, but over subscribed would make me think it would have a higher price. Everyone is already bailing on their positions?
- tcp_handshaker 3mo agoYou missing the point...the 4% that is what caused the artificial scarcity.
- khurs 3mo agoSlightly over subscribed would say yes, but vastly over subscribed indicates they went too low?
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