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Elon and Wall Street priced the SPCX IPO perfectly.
Investor summaryBullish
Author praises SPCX's perfect IPO pricing, noting profits for both allocators and opening buyers, and shares a successful personal trade.
Bull points
- The IPO pricing was perfectly calibrated, allowing both IPO investors and opening buyers to profit.
- The author successfully capitalized on the IPO, indicating strong initial market reception.
Post body
It was the ideal perfect storm pricing for Wall Street and Elon. The allocation allowed IPO investors to profit, as did those who bought at the opening price of $150. That way everyone gets a bit of the action.
Usually it does workout for me always, except this time it cashed. Did you have the opportunity to do both?
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