Michael Batnick
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay.
So the other question is how much, how much liquidity is really available from investors' pockets to finance all of this happening?
Demand for, this is from Barron's, demand for SpaceX is $75 billion IPO stock has reached $250 billion, making it 3.3 times oversubscribed.
So it appears like we're going to swallow.
If I say I want two, I might get one.
So, retail.
Will retail investors be left holding the SpaceX bag?
They don't think it's a bag.
They...
I didn't ask you.
Will they hold Elon's bag?
What does that mean?
Are they exit liquidity?
Is the IPO going to fall apart?
All right.
Will this fall 50% like a lot of other big IPOs in the first three months?
Definitely not.
Okay.
Let's just assume a normal market.
I know I'm asking you to make a prediction.