ofc, it may not get to 1,100. May only get to 1400-1500.

I've allocated 0.6% of my total combined portfolio value to $SPCX IPO, it's nothing but a degen gamble. Just wanted to be part of history and rockets are cool. AI Datacentres in space even cooler. I expect volatility, or losing 50-90% of its value in 6-12months :D

SpaceX starts trading this Friday. Here's what history says happens next. This is the post-IPO performance of every major tech listing of the last decade. Every name you know. Every name you use. Look at the last column: maximum drawdown in year one. – Facebook: -54% – Snap: -56% – Uber: -68% – Pinterest: -70% – Lyft: -79% – Rivian: -88% – Robinhood: -90% Median first-year drawdown across the entire list: -54%. Average: -55%. Not the speculative junk. The whole class. Including the eventual winners. Zoom eventually rose 142% in year one. It still drew down 40% along the way. Palantir gained 153%. It still fell 53% at one point. CrowdStrike, Datadog, MongoDB. All ended year one higher. All put their holders through a 40 to 67% drawdown first. There has not been a single major tech IPO in a decade that didn't hand you a brutal drawdown in the first twelve months. Not one. Now SpaceX joins the list, at the richest valuation in IPO history. You don't have to buy it today. The IPO is the seller's moment, not the buyer's. Wait for the base.

The 2020 #bitcoin recovery has tracked the 2013a recovery almost perfectly. Are we weeks away from $75,000?

Understanding $VIX The CBOE Volatility Index, aka "fear index," measures expected stock market volatility over the next 30 days based on S&P 500 options pricing. It serves as both a sentiment gauge and a contrarian indicator.