Investing General Discussion

Khane said:

Vanguard doesn't have actual IPO allocation programs, I'd only be able to buy shares on the open market after it begins trading. That's 100% certain. However, the people at Vanguard made it sound like the ticker won't even be available to trade until a day+ after that, which is what I'm pretty sure is incorrect. I guess I didn't phrase it well

Click to expand...

I'm conflicted here because there's a lingering question about when the IPO hits Friday how much are other people with pre-IPO equity going to get? How much of that will they sell? How big will the "Sell the news" swing be.....

Overall, if you bought every stock that IPOd and kept them 3 years you'd actually underperform the market (there have been studies on that one) but then the question becomes will SpaceX be the "outlier super performer" or not.

Also of note would be with certain indexes have already adjusted their rules so that SpaceX can get into things like the Nasdaq quicky means many of us who own market tracking index funds will functionally "own" it within something like a month.