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Would you buy SpaceX shares?
Old 05-30-2014, 03:46 PM   #1
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Would you buy SpaceX shares?

If Space-X ever has an IPO, shut up and take my money.

Yes I know it would be hype and overpriced but I don't care. Take my money please.
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Old 05-30-2014, 03:54 PM   #2
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I don't know.

But they just got the go ahead to build in my back yard (more or less).
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Old 05-30-2014, 03:56 PM   #3
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Originally Posted by Fermion View Post
If Space-X ever has an IPO, shut up and take my money.

Yes I know it would be hype and overpriced but I don't care. Take my money please.

Sure, Musk is a giant. Maybe not many shares of spacex per se, but a bet on Musk is a good bet in my view.
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Old 05-30-2014, 04:16 PM   #4
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It would certainly depend on the price. One way I definitely would buy the shares if the owning the stock gave you entry into a raffle to take a ride on the Dragon..

After seeing the Dragon 2 unveiled, the Tesla is just seeming pretty bland.
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Old 05-30-2014, 05:54 PM   #5
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Yes, I'd buy as part of my 'experimental/high risk' 5%. Probably 181 days after the IPO. :-)
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Old 05-30-2014, 05:55 PM   #6
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Absolutely buy Musk anything

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Old 05-30-2014, 07:31 PM   #7
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Musk looks like a character out of Gilligan's Island!
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Old 05-30-2014, 10:25 PM   #8
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SpaceX may be a great company but I am not sure it is a great stock at this time.


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Old 05-31-2014, 07:19 AM   #9
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SpaceX may be a great company but I am not sure it is a great stock at this time.


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It certainly is not a great stock at this time...it is privately held!
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Old 05-31-2014, 08:19 AM   #10
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I might if they gave out yearly reports with lots of glossy pictures.

Remember those? Does any company do that anymore? Everything is digital now.
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Old 05-31-2014, 08:40 AM   #11
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SpaceX may be a great company but I am not sure it is a great stock at this time.


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I was (and still am) unsure if TSLA was a great company or not, but it sure has been a great stock!

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Old 05-31-2014, 10:02 AM   #12
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I think SpaceX and any other private launch companies will be too closely tied to government contracts and subsidies that they will not generate much profit other than to their founders. However, its much better than giving money to the Russians IMO.
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Old 05-31-2014, 11:04 AM   #13
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Yes, when one of my index funds buys them.

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Old 05-31-2014, 11:57 AM   #14
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Yes, when one of my index funds buys them.

-ERD50
This is such a tired response.

Nobody ever says dang, I am bummed Enron went bust because I owned it in my index fund.
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Old 05-31-2014, 02:23 PM   #15
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This is such a tired response.

Nobody ever says dang, I am bummed Enron went bust because I owned it in my index fund.
Guilty as charged, it is a pretty tired response. But it's mostly true, I just don't do much individual stock picking anymore.

But I honestly don't get your point in the second line. The index is obviously going to be made up of winners and losers.

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Old 05-31-2014, 03:13 PM   #16
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I was (and still am) unsure if TSLA was a great company or not, but it sure has been a great stock!

-ERD50

How can you say Tesla isn't a great company. It made one good, and one great product, despite tremendous obstacles. Even if Tesla disappear tomorrow and a few years from now everyone decides that electric cars are silly fade, I think Tesla will have still have been a company that had a significant impact on a huge and important industry.

The Tesla UI for the touchscreen is going to be widely copied in the same way that the Mac, and the iPhone were.

Secondly, wireless software patching of car is going to the standard in the future, I bet Tesla advanced the adaptation of this technology by many years.

Practically every week there is another massive recall from an automaker. Perhaps 1/2 of these recalls could be fixed with software (e.g. anything to do with engine controls). The Tesla response to running over objects that caused fires was a software updated that raised the car.. These car patches will save billions and probably more than a few lives.
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Old 05-31-2014, 03:45 PM   #17
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Only one two individual stocks and Tesla is one of them, JPM is the other. Inherited the JPM and bought 100 shares of Tesla just for S & Giggles.
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Old 05-31-2014, 04:00 PM   #18
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I wonder if I'll be able to see rocket launches from my house? 80 miles.
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Old 05-31-2014, 04:02 PM   #19
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How can you say Tesla isn't a great company. ...
I said I'm 'unsure' (I try to choose my words carefully, but I flub a lot too). I didn't say the are NOT great.

I agree with you, they have many great accomplishments. Just getting the Tesla car past the 'vaporware' stage was very, very impressive - even if the car wasn't all that impressive, and it is.

I only said 'unsure' because I'm not convinced the market will be as large as many are thinking (for reasons I've expressed before, no need to re-hash here). But maybe Tesla can do well at some smaller level (many companies do), and after various tax credits/subsidies go away (maybe they will be re-instated?) . I just think it's a little too soon to tell, that's all.

But I am impressed, amazed even, at their accomplishments - like you say, so many obstacles, it's mind-boggling. And I'd be happy if I could just manually update my car's firmware with a USB stick that I manually updated on my computer. But even that seems like a long way away for these other non-Silicon-Valley car companies. But I'm not ready to drop $100,000, or even $50,000 for something like that, when I drive < 6,000 per year on each vehicle.

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Old 05-31-2014, 04:03 PM   #20
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I wonder if I'll be able to see rocket launches from my house? 80 miles.
Yes, most definitely.
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