This explanation... sounds to me like i will be shorting SpaceX π€£
π¨ THE STOCK MARKET AS YOU KNEW IT JUST ENDED
In 24h SpaceX lists at $1.77 trillion.
Fidelity just cut its SpaceX minimum from $500k to $2k. A 99.6% cut.
Robinhood, SoFi, others: no min.
I've been in markets for a decade. This has never happened before.
So I've spent 10h studying all past IPOs - here's what happens next:
First, understand why this is happening.
For decades Wall Street locked retail out of every major IPO. This week it threw the doors open.
A normal IPO hands retail 5 to 10% of the shares. SpaceX reserved 30%. Triple the standard.
That is not generosity. Someone has to be the buyer.
And here is the part buried in the fine print:
They will let you BUY at $135. They will not let you SELL.
Sell your SpaceX shares in the first 15 days on Fidelity and you are flagged a flipper. Six-month ban. Then a year. Then permanent, tied to your Social Security number. Robinhood locks you for 30.
They drop every barrier to get you IN, then bolt the exit shut behind you.
You do not build a one-way door unless you already know which way the crowd has to run.
Here is what they know that you don't.
An IPO is not the start of the run. It is the exit. The day insiders, employees and early backers turn paper into cash. Someone sits on the other side of that trade. This week they are building that someone out of millions of $2,000 accounts.
History shows you the ending every time.
Truist studied 30 major tech IPOs over 15 years. Every one had a serious drawdown in year one. Median: -54%. Only 43% were green after twelve months.
The names you remember:
Facebook: -54%
Snap: -56%
Uber: -68%
Pinterest: -70%
Robinhood: -90%
Same script. Huge debut. Endless hype. Lockups expire. The early money hands you the bag at the top.
Now price SpaceX into that history.
$1.77 trillion. 94.7x sales. A $4.9 billion loss last year. The doors flung open to the smallest accounts in the market, the exit locked for 15 days.
That is not access. That is distribution at the top.
We have watched this movie before:
2000 dotcom. Insiders rich, retail wrecked.
2021 SPAC mania. Insiders rich, retail wrecked.
Nobody hands you the front of the line for free.
So you have 2 choices in the next 24 hours.
Buy the most expensive listing in market history at the open and pray you are the exception to a 54% median.
Or to make money on it... But almost nobody knows what is the best way.
I have been calling these traps in public for years, while everyone else cheered the ticker.
Btw I am taking this profile private soon, as it's already too big. After that, all info goes to the people already inside.
So better to follow now, when you can...
A lot of people are going to wish they did before June 12.