Just a heads up to not throw money away to pre ipo investors
Tesla at its peak hype and craziness in Nov 2021 had a P/S of 30 and people had to bag hold for 2 years until Dec 2023 if they didn’t average down. SpaceX is 3 times that. I would personally wait for price to sales (P/S) to go to 25 - 30. Which means 468B - 561B and a share price of $36 - $43. Instead of $135 and 1.75T and P/S of 96. If you want to buy at ipo anyways, you will be bag holding, unless you average down or SpaceX magically brings their price sales to under 30 within 2 years. Good luck! submitte
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