Source Post

Why Warren Buffett Didn’t Buy the SpaceX IPO

Jun 17, 2026

The creator discusses Warren Buffett's perspective on IPOs, applying it to the recent SpaceX IPO. While acknowledging SpaceX's potential long-term success, the creator advises against buying the stock at its current valuation due to strong selling incentives among early investors and analysts, suggesting other large companies like Nvidia, Alphabet, Microsoft, Amazon, and Meta are more attractive.

Linked Mentions

Tickers discussed in this post

LYFTBearishMedium ConvictionSignal-backedSecondary

Lyft is highlighted as a cautionary tale of an IPO that failed to meet profitability expectations, resulting in a significant stock price decline.

UBERNeutralMedium ConvictionSignal-backedSecondary

Uber is presented as a case study of a successful IPO that hit Buffett's metrics, achieving positive stock performance since its IPO, albeit trailing the market.

GOOGNeutralLow ConvictionResearch Only

Alphabet (Google) is mentioned as an example of a company that was once an IPO but did not come out at such an extreme valuation as SpaceX.

METANeutralLow ConvictionResearch Only

Meta is mentioned as a more attractive investment compared to SpaceX at its current valuation.

AMZNNeutralLow ConvictionResearch Only

Amazon is mentioned as a more attractive investment compared to SpaceX at its current valuation.

MSFTNeutralLow ConvictionResearch Only

Microsoft is mentioned as a more attractive investment compared to SpaceX at its current valuation.

GOOGLNeutralLow ConvictionResearch Only

Alphabet is mentioned as a more attractive investment compared to SpaceX at its current valuation.

NVDANeutralLow ConvictionResearch Only

Nvidia is mentioned as a more attractive investment compared to SpaceX at its current valuation.

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