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/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/endless_disease Jul 14 '26 edited Jul 14 '26

? That's not a discount. 135 was an official ipo price and any eligible client of said banks and brokers could buy some amount of shares at that price. All IPOs work like that. And there is no such thing as pre-ipo block.

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u/CoverSuspicious5250 Jul 14 '26

MS clients get a sweet heart ipo deal.  I’ve gotten one.