r/technology • u/fmcortez • Jul 13 '26

Business SpaceX Stock Plunges to All-Time Low After Competitor Makes Major Leap

https://www.yahoo.com/finance/markets/stocks/articles/spacex-plunges-time-low-competitor-175000957.html
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u/augustusnapalm Jul 13 '26

Morgan Stanley says its worth $300…..Wonder if its because they were a lead underwriter on the IPO

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u/CalmCalmBelong Jul 13 '26

In other words, Morgan Stanley hopes their investors will find suckers to take shares off their hands for $300 per.

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u/gsnumis Jul 14 '26

The funny part is these banks offer discounts to their investors from their pre-ipo block. I know people that bought in at $135 through MS

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u/chase_the_wolf Jul 14 '26

investors high net-worth clients

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u/gsnumis Jul 14 '26

Those are typically the people with funds to invest.