SpaceX went public last week at $135 per share. Shares jumped 37% immediately. Musk's stake is now worth over a trillion dollars. Other billionaires also own pieces. You do not.
The headline wants you to care about who the other billionaire shareholders are. It teases their names like you're supposed to get excited. Here are the other billionaires! As if knowing that some guy named Jared from the Walton family owns 0.8% is going to help you trade better. As if that information has any predictive value whatsoever. As if you were going to read that list and think, "Well, if the Fidelity guy is in, I'm definitely mortgaging the house."
A trillion-dollar stake means Musk could lose 99% of it and still have ten billion dollars. You could lose 99% of your portfolio and have to start clipping coupons. See the difference? One of you is diversified across orbital launch systems and flamethrower companies. The other one of you bought calls on a mining stock because a guy on Reddit said lithium was the future.
The shares were offered at $135. They're now up 37%. That means they're trading around $185. You did not get the $135 price. You never get the $135 price. The $135 price was for the billionaires mentioned in the second half of the headline you didn't bother reading. You get to buy at $185 after three hedge funds have already filed their 13Fs. Then you get to watch it drop to $92 and decide whether that's a dip or a crash.
SpaceX builds rockets that land themselves. Your portfolio can't even land a winning trade without catching fire on reentry.
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