r/investing
SPCX is live, the S-1 is public. this is what I found that nobody is talking about
SpaceX IPO opened flat despite hype; S-1 shows huge Tesla related-party deals and an over-allotment cap, so wait for lock-up expiry.
- Massive retail demand exceeding $100 billion before trading began.
- Pricing appears perfectly calibrated resulting in a stable flat open.
- Over-allotment option of 83 million shares acts as a built-in ceiling for day-one momentum.
- Flat open despite extreme hype suggests institutional money may not be chasing the stock.
- Author suggests waiting for lock-up expiry, implying short-term downside or stagnation risk.
Spacex opened this morning at exactly $135 on nasdaq .Sooo $75 billion raised and largest IPO in history and retail demand alone was over $100 billion before a single share traded.
The flat open is actually the most interesting data point of the day as this was the most hyped IPO since at least saudi aramco and it opened completely flat which either means the $135 price was perfectly calibrated or institutional money isnt chasing it.
Two things from the S-1 i havent seen discussed enough first spaceX spent $131 million on tesla cybertrucks and $697 million on tesla megapacks in 2025. Both disclosed as related party transactions and one man running both companies with $828 million flowing between them in under two years. It might be completely legitimate but atleast worth knowing before you buy.
Secondl they underwriters can sell an additional 83 million shares worth $11.2 billion at $135 so If the stock tries to run, that supply hits the market,its like built in ceiling on day one momentum and available with fractional shares on bitpanda aswell .
I am watching and still think lock up expiry is the real entry point.
Not financial advice. Do your own research.
Please proof-read before you post. There were far too many spelling, grammar, and syntax errors in your post.
Did you check the price before posting? It popped to $170 almost immediately. It was not flat.
OP is a bot and posted the wrong thing.