SpaceX: Upcoming Stock Flood
"Right now, only 5% of SpaceX shares are in the market. By the end of the year, 60% will be in the market. That is a tsunami of supply crashing into a hype-driven demand wave. The math is brutal, no matter how good the company is."
ℹ️ In shortLark Davis warns that a significant increase in available SpaceX shares by year-end could cause their value to drop, regardless of the company's success.
This prediction is awaiting verification.
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For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… Everyone is celebrating the biggest IPO in history, SpaceX. I need you to see the number that they're not putting on the headline. SpaceX made Elon the world's first trillionaire in a single day. The mission is real, the revenue is real, Starlink is genuinely incredible. I get it, but here's what matters. Right now, only 5% of SpaceX shares are in the market. By the end of the year, 60% will be in the market. That is a tsunami of supply crashing into a hype-driven demand wave. The math is brutal, no matter how good the company is. I'm sitting this one out, not because SpaceX is not extraordinary. It's [ __ ] cool, but because the share structure time bomb. We'll let the float normalize, then we'll look at getting position. Follow for IPO breakdowns that go beyond the headlines. …
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