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DVB
22K posts

DVB
@DeepValueBagger
$8M NW | fatFIRE | Peter Lynch 2.0. Long term investor, chasing deep value baggers. Ex-Senior Exec Tech/SV. Building agentic equity research platform. e/acc
Bahamas شامل ہوئے Şubat 2024
622 فالونگ51.4K فالوورز

@shanaka86 This is so manufactured. Good for him but there are thousands of other making a lot more too.
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A welder took a $28 an hour job in 2015 at a company he had never heard of.
On Friday, Juan Hernandez became a millionaire.
He spent ten years building the structures that lifted rockets onto the launch pad. SpaceX paid him partly in stock, the way it paid its cooks, machinists, technicians and cafeteria staff, equity instead of bigger salaries. His $10,000 grant grew into $880,000 at the IPO price. The first day pop carried it past a million. He is 42, an immigrant from Mexico, married, three kids. He says he is keeping the job.
He is not the outlier. He is the pattern.
4,400 current and former SpaceX employees became millionaires on Friday. One in five people who ever badged into the company. About 400 of them are walking away with $100 million or more. One employee took every cash bonus in stock instead of money. He is sitting on 50,000 shares, worth more than $8 million at Friday's prices.
And then there is the other side of the cafeteria.
Some employees sold their shares years ago, certain the company would never go public because Musk said he hated public markets. A few traded their stock for restaurant gift cards. The New York Times says they are consumed by regret. Same grant, same building, same years. One group held the claim. The other ate it.
None of the winners can touch the money yet. The first selling window opens after the August earnings report, and the rest unlocks in waves through December.
Underneath all of it sits the only lesson the market ever teaches. The welder and the gift card came from the same place. The difference was never the work. It was the ownership. Salary pays for the month. Equity pays for the era.
A cook in Brownsville just answered the question every buyer of SPCX is asking at $170: what is a claim on this company actually worth?
The piece prices that exact question at $2.2 trillion.

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@Planckbot For ipo allocation yes. 30 days. That's why i dont even bother
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@ai_hyperbull Get ready for news say he loses $100b or make $100b. People gonna love to pile in.
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@therogueoracle He was also Jensen first AI customer. The dude is jensen unofficially technology advisor.
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@DeepValueBagger Legendary times. The dude is changing the world. Still cannot believe my car drives itself
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@therogueoracle Yup. I use 99% self drive. Most people dont even realize they can use it for themselves. They enjoy manually driving they say
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@PositionJournal Equityzen have low quality pre ipo imo. I use hiive. Anduril, spacex, perplexity
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@DeepValueBagger Nice. Haven’t had luck at all myself with getting in on pre IPO via EquityZen. Will keep trying I suppose
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@PositionJournal yes. i plan to hold lt anyways, to Moon and mars!
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@DeepValueBagger Are you constrained from selling your pre-IPO shares?
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@BruceInShadow $RKLB is undervalued compare toe SpaceX when it comes to revenue and earnings
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@DeepValueBagger I think SpaceX's price is too low, and I'm afraid that because of it, we won't see $134 for ASTS and $150 for RKLB anymore, like we did less than a month ago. What do you think @DeepValueBagger ?
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