Pinned
This is still one of my highest-conviction write-ups on what the SpaceX IPO is about & how it'll weigh on $TSLA bc retail is 40% of total shares.
$SPCE S-1 sheds more shade. The Apollo GPU lease-back alone absorbs most of the $75B of IPO proceeds.
bradmunchen.substack.com/p/spacex-ipo-iā¦












