AcPotango

@capexbt 5% float, ETFs and indexes will pump this for a month, then lockouts end and imho will be $100 by December

Everyone said SpaceX was overvalued at $135. Now it’s up almost 50% in 2 days. - Demand was $150 billion for a $75 billion raise. They rejected half the money - Normies shorted it on day one. Got liquidated hard - Insiders locked for 366 days. Zero sell pressure for a full year - Ron Baron says this goes to $10 trillion. He turned $80M into $6B on Tesla If we can learn one thing from the past 10 years: Never fade Elon Musk. He’s a Chad.

@Simba_crpt 5% float will keep this going until lockouts start

🚨 WARNING: SPACEX WILL DUMP BELOW IPO PRICE SpaceX just went public. I won't be surprised if $SPCX will be below IPO price within the next 3-6 months. Buying here feels like chasing peak hype, not fundamentals. I might buy after the market finishes the real valuation process. But right now this looks like EXIT LIQUIDITY for early investors. There is always an Elon Musk effect. There isn't a $2T business today. This is what peak EUPHORIA looks like. The valuation is ABSURD. Everyone loves it at the top. Nobody will want it after the repricing.

@DividendMil 5% float + ETFs buying in will continue to keep this up, not until the lockouts start ending will it begin to fall

There are a lot of really smart finance accounts on this platform, and many of them share the same stance I do on SpaceX. They believe the valuation is too high and that, at some point, the stock will trade below its IPO price. Maybe we’re all wrong. But when a large number of experienced investors independently come to the same conclusion, it might be worth being a little cautious instead of blindly chasing the hype. Time will tell who’s right. The market always does.

@IndexAndForget agreed, but the 5% float is propping it up

X said SpaceX is a rug pull yet its up 20% since IPO Never take investing advice on X

@drayinvests ETFs buying

Can someone tell me how $SPCX doesn’t have a big sell off soon? Up almost 40% in just 2 trading days with the valuation it is at

@grant_melson I think it's negative any way you look at it. Once the lockup ends and the float increases from 5% it will drift downward. And TSLA will likely follow it down too. Come end of December, SPCX and TSLA could both be at $100

For perspective, the amount that Elon’s SPCX stock has gone up since IPO is greater than his TOTAL stake in TSLA.. What implications does this have for TSLA investors? Any thoughts?

@fuckyouiquit Only 5% float, and all the investment houses behind it + add in stupid retail. It will probably still go up more for min 2 weeks, then added to indexes and up again. But after more shares start to get released, it will start to drop. Until then will go up

Can someone please explain to me how a company that lost $9,360,000,000 on $19,300,000,000 in revenue is somehow worth $2,500,000,000,000? Welcome to the modern economy, where everything is made up and the points don't matter.

@cmsinvests ETFs and Indexes

Can someone please explain to me why anyone would be buying $SPCX at $185 right now?

@WilderStocks @grassosteve by end of year I agree this will be sub $100

@AcPotango @grassosteve Good point, agree the float is low which could lead to a longer upswing. Pull back is coming though, no way it just stays above these levels

Got an allocation in $SPCX on June 12th and added to it today. We're already above $175 which starts the early unlock clock. Everyone's worried about supply hitting the market, but MSCI, Nasdaq and Russell are all forced buyers in the next 30 days into the thinnest float in IPO history. Supply meets a passive buyer. In the end I think the bulls and the math win. $SPCX

@WilderStocks @grassosteve It could go on for at least another couple weeks as ETFs add and then Indexes. That low float is very low...

@grassosteve Added at $175 seems crazy. Do people really think it's going to just keep going and not pull back? IPOs always pump on the first day or two? Why not wait a week or two at least? No way this initial hype keeps up. I'll be shocked if we are over $180 even by this friday

@EricLDaugh what a joke, we started a war and then totally surrendered to them

🚨 JUST IN: Iran did NOT GET what they wanted in President Trump's strong Iran deal — the US is NOT leaving the region, and Iran is getting $0 in unfrozen assets unless they comply The Strait of Hormuz is set to OPEN fully on FRIDAY 👏🏻 "They wanted US forces to leave the Middle East and abandon all bases. That's not going to happen...even if there is a drawdown of the military, there will still be thousands of forces prepared." "There is this economic leverage, they won't get sanctions relief they want and need if the US doesn't get everything they want." @TreyYingst

@calvinfroedge the market can remain irrational while i become insolvent

The world has lost over a billion barrels of oil We've had fake deals and fake ceasefires for months All the big tech companies are selling stock in the most overvalued market in history This is all a giant s*** show and it's going to end badly

@StealthQE4 that actually sums it up perfectly. Also maybe Democrats crying, no one should be a trillionaire, let us tax everyone more

My X feed today: Trump: Iran deal is done. Iran: no deal yet $SPCX Elon is a trillionaire. That’s it 🙃

@EconstratPB For once my timing was lucky, I'm in a 1.99% 15 year mortgage. 10 years left

One reason the consumer is doing ok despite the hair pulling over real inflation adjusted wages. They are getting a stealthy inflation offset on the positive carry of their home, most people’s biggest asset. Think about that for a minute.

I don’t understand why we have to have jobs and paychecks and everything when we could just trust Elizabeth Warren to give us what we need.

@Dr_Gingerballs so they did use a low float out of the gate to reduce risk, but that will get increased over time. I agree algos are weird, but that arg could be made for the entire stock market right now. But I don't like the Index inclusion piece, that is BS. But by year end it open

@AcPotango The only way something is marked to market is if it is actually traded. With all of the algorithmic stuff it’s impossible to gage how the market would actually respond to 5% sell off event. Likely would crash the market.

Musk $1T net worth is not real. It’s an illiquid, non-marked-to-market measure of his influence and control. It is a measure of how much faith his religious followers put into him. I’m saying this partially because I think he is a con man but also very very valuable to a lot of people, and partially because it’s stupid to then speak about his net worth in terms of liquid things like taxes. A wealth tax would force illiquid power brokers to mark to market, which would collapse their wealth and thus the tax revenue. If Elon had to sell 5% of what he owned every year by selling shares, his valuation would collapse, and so would the tax revenue (and so would the companies). You could tax his company profits, but that’s only something like $30B cumulative. So 5% of that is $1.5B over the last 15 years? Why even bother? His impact on GDP is basically zero. The stock market is mostly a mirage, owned almost entirely by the rich and the old, which is a tiny part of the total economic pie. It keeps going up because inflation is out of control. Fix inflation and the valuations that disgust you go away on their own.

@Nalanthian they think this is Elon

It amazes me how many people actually believe Elon Musk has. Trillion dollars liquid asset. No grasp on stocks or property value. They just think he has a trillion sitting a vault somewhere.

@GodsBurnt Yeah, they did launch this perfectly, and kept it in a good range and was surprised the volatile market was calm. It may dip, but I think it would be foolish to short prior to July 4th and getting pulled into Indexes

This is CRAZY. In all my 28 years of being a professional trader I have NEVER seen a more perfect launch than $SPCX. Most people think this thing will pull back but DO NOT listen to them. They are complete MORONS and they don't understand the value in having a monopoly of space. There's no way anyone can price SpaceX properly. Elon might be the first trillionaire SpaceX created but he will not be the last. DO NOT FADE THIS COMPANY.

A Trillion dollars is just the new upper middle class