SpaceX: The Biggest Money Loser in IPO History

Patrick Boyle · 2.2M views · 2026-05-22 · 31:42

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Overview

Patrick Boyle analyzes SpaceX's IPO prospectus, covering its financials, speculative products, AI business, related-party dealings, compensation, and a governance structure with minimal shareholder rights.

On Hacker News

Recommended as a clear, roughly 30-minute summary of the problems with the SpaceX IPO.

Recommended by 3 HN people across 2 months · HN mentions 2026–2026

Topics

Investing & personal finance Space exploration & spaceflight Tech industry & business models

What people said

roysting · 2026-06 · Strong recommendation
Patrick Boyle has an excellent presentation (YT) on the SpaceX IPO. In case you thought you knew it was bad … it’s way worse than you think. [VIDEO]
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tcp_handshaker · 2026-06 · Recommendation
[LINK] "SpaceX IPO retail offering is worrying" - [LINK] ( This guy will never be invited back to CNBC...interview is hysterically funny...and accurate... ) "SpaceX IPO: Nice Try Though" - [VIDEO] "SpaceX IPO Scandal" - [LINK]
Read the original HN comment ↗

tcp_handshaker · 2026-06 · Recommendation
[LINK] "SpaceX IPO retail offering is worrying" - [LINK] ( This guy will never be invited back to CNBC...interview is hysterically funny...and accurate... ) "SpaceX IPO: Nice Try Though" - [VIDEO] "SpaceX IPO Scandal" - [LINK] "Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron" - [LINK]
Read the original HN comment ↗

Sources

Video by Patrick Boyle, played through YouTube.

HN Library · Source license

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