We in this forum are a specific type, few use lemmy, and few invest in Arm directly.

SpaceX and Arm aren’t comparable, f.e. I know a college student investing in Space X, as well as an Elderly man, a cousin of mine who works in marketing, etc. It’s normal joes who want in. That never happened to Arm, and I’d be surprised if it ever does. It won’t be mainstream. I don’t know anyone personally who invests in Arm other than myself.

I’m talking about norms and sensationalism, not the state of a technology.

Notably ARM was not mainstream when it IPOd either, meaning it was a safe® bet at the time.

Most IPOs have become sensationalized to drive up interest, which is terrible for everyone except a select few.