the spacex ipo turned my $2.5m into $12.6m
and i can't touch a single dollar of it.
until today i've only shared my crypto portfolio. this is the first look at the other side of the book.
backstory: when i sold my solana in january 2025, i rolled part of the winnings into spacex through a private equity fund. i invested $2.5m at a $350b valuation.
$SPCX lists today at $1.77 trillion.
zero genius involved here. i was fortunate. right place, right time.
now the strange part. i'm locked up and can't sell a share. the private fund still marks the position at the $800b valuation, so even my own statement is behind reality.
what i put in: $2.5m
what my statement says: $5.66m (at the $800b mark)
what the ipo price says: $12.6m
screenshot below. fund name stays private.
by the time the lockup ends this could be a very different number, up or down.
i’m just here to watch the show