This is a really hypothetical post, but it's just my gut instinct. Feels like if SPCX settles in a $145-175 range after first few days of trading, it is a goldilocks area for crypto and undervalued risk assets to look even more attractive.
SPCX < $145 and it's underwhelming, people get scared the economy is just weak to not generate more hype than that after all this.
SPCX >$175 and IPO buyers become euphoric. And people start hording cash months ahead of time to participate in Anthropic, OpenAI, expecting another big payout.
SPCX $145-175 - Meh. IPO buyers did well. Valuation is high but reasonable given all the hype. Selling risk assets like Bitcoin that is down 50% to buy something that made 20% from IPO feels ok.. but not stellar and not worth the r:r if Bitcoin runs or SPCX dumps from insider sells.