💡 $SPCX IPO day. Here's what history says — and where it breaks down.
Facebook opened flat, fell 55% in 3 months. Uber fell below IPO price immediately. Airbnb +113% day 1 then retraced 50%.
💡 SpaceX is different: ~3% float (Facebook had ~12%). No chart. No price memory. No options structure. Day 1 is pure order flow.
Day 15: ~$8B passive index buying kicks in mechanically.
Hot IPO ≠ instant trend. The structure is what matters 👀
#KCEXpressDaily #SpaceX #SPCX #IPO #NFA
🚀 SpaceX IPO day. $2.2T valuation. Who won?
Google: +$109B. Baron Capital: +$24.2B. D1 Capital: +$24.5B.
Binance: +$1.1B. a16z: +$914M.
Trump inner circle: ≤$44M combined (disclosed cap).
From $109 billion to "≤$44M" — the cap table tells you who was really at the table. 👀
