35 points | by abduhl 13 hours ago ago
7 comments
And the lock up period isn't even over yet.
Related:
SpaceX bond worth 10% less than issue price – heading for junk bond status
https://news.ycombinator.com/item?id=48920181
Hard not to notice how low they’ve set the bar for tomorrow’s flight.
Still has a 1.78T market-cap. It will be OK.
So still 1.5T to go down?
I guess if you start an absurdly high number that makes no sense, then somehow group think only brings it down a bit and it’s still better than aiming for “true” valuation?
Plenty of room to keep falling.
And the lock up period isn't even over yet.
Related:
SpaceX bond worth 10% less than issue price – heading for junk bond status
https://news.ycombinator.com/item?id=48920181
Hard not to notice how low they’ve set the bar for tomorrow’s flight.
Still has a 1.78T market-cap. It will be OK.
So still 1.5T to go down?
I guess if you start an absurdly high number that makes no sense, then somehow group think only brings it down a bit and it’s still better than aiming for “true” valuation?
Plenty of room to keep falling.