this post was submitted on 20 Jun 2026
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The average SpaceX buyer post-IPO is almost under water after two-day slide (www.cnbc.com)
submitted 2 days ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] NotMyOldRedditName@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

There's a lockup period ya. I heard they reduced the duration though, but it's typically 6 months.

Anyone who bought at $135 the money went into SpaceX's balance sheet.

For now, anyone buying after the $135 is buying from people who bought those $135 shares.

Mark Cuban is famous for having zero cost collared his shares that he couldn't sell and getting out of the dotcom bubble with his money since it protected him from the downside that happened, so maybe it's possible they've done that here as well?