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Saturday, May 23, 2026

No Space X (SPCX) IPO for me

I'm not buying into the Space X IPO.  
  1. I don't like IPOs.  Too volatile.
  2. I think Muskman stocks are overrated, even though I am trading Tesla.
  3. Muskman is the ultimate government parasite.  Tesla never made money selling cars.  It made made money from selling carbon credits from the government to other car companies.
To note, I'm always wrong.  I didn't invest in the AAPL, AMZN and META IPOs.   Probably best to inverse me.

Disclosure:  I own AAPL, AMZN and META at this time.

For more on Reflections and Musings, check back every y Saturday  for a new segment.

This is not financial, stock picking, nor investment advice. Please consult a professional advisor.

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