the SpaceX IPO is the biggest in history by dollars raised. $75B, twice any listing ever.
but at a $1.8T valuation, that's only ~4% of the company actually going public.
so passive funds, ETFs, and retail are all about to fight over a 4% sliver. the rocket, the satellites, the AI arm? none of it's trading. you're buying the scraps.
You need to be watching for how this IPO affects other AI stocks