Stelian Mitu @stelianx: "🚀 𝗛𝗼𝘂𝘀𝘁𝗼𝗻, 𝘄𝗲 𝗵𝗮𝘃𝗲 𝗮..."

Romania

🚀 𝗛𝗼𝘂𝘀𝘁𝗼𝗻, 𝘄𝗲 𝗵𝗮𝘃𝗲 𝗮 𝗽𝗿𝗼𝗯𝗹𝗲𝗺… 𝗦𝗽𝗮𝗰𝗲𝗫 𝗶𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗽𝘂𝗹𝗹 𝘁𝗵𝗲 𝗼𝘅𝘆𝗴𝗲𝗻 𝗼𝘂𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 💨💵 SpaceX is targeting what could be the largest IPO in history; a Nasdaq listing around 12 June 2026 (ticker SPCX), pricing on the 11th, at a $1.5T to $1.75T valuation. (Dates and values are reported targets and may change.) This isn't a normal listing. It's a megacap arriving on day one. 𝗪𝗵𝘆 𝘁𝗵𝗶𝘀 𝗺𝗮𝘁𝘁𝗲𝗿𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂𝗿 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 (𝗲𝘃𝗲𝗻 𝗶𝗳 𝘆𝗼𝘂 𝗻𝗲𝘃𝗲𝗿 𝗯𝘂𝘆 𝗮 𝘀𝗶𝗻𝗴𝗹𝗲 𝘀𝗵𝗮𝗿𝗲) ☑ Index funds and ETFs now hold over $19T in the US (vs $17T in active), per ICI's March 2026 data; index has overtaken active. ☑ Nasdaq's new "fast entry" rule (effective May 2026) lets megacap IPOs join the Nasdaq-100 after just 15 trading days. The S&P 500 is reviewing similar changes. ☑ If SpaceX qualifies, funds tracking those benchmarks would need to buy shares mechanically. To fund those purchases at scale, they typically rebalance by trimming other holdings. Result? Possible rotation pressure, volatility, and liquidity quirks as the market digests the new arrival. Think of it as oxygen being pulled across the cabin towards the new rocket. 🔥 𝐈𝐭'𝐬 𝐧𝐨𝐭 𝐚𝐥𝐥 𝐮𝐩𝐬𝐢𝐝𝐞 ⚠️ Mega-IPOs historically tend to underperform the S&P 500 in the years after listing. Saudi Aramco, the previous record holder, traded below its IPO price for long stretches. SpaceX would list at roughly 100x revenue with a dual-class structure that concentrates voting power. Forced demand can prop up a stock; it can also transfer valuation risk from insiders onto passive holders who never made a deliberate decision to own it. So: opportunity, yes. Free lunch, no. Worth keeping a close eye on passive exposures. 👀 Watching: $SPX500 | $SPY (State Street SPDR S&P 500 ETF) | $NSDQ100 | $RTY | $TSLA (Tesla Motors, Inc.) 𝙎𝙩𝙧𝙪𝙘𝙩𝙪𝙧𝙖𝙡 𝙛𝙡𝙤𝙬 𝙘𝙤𝙢𝙢𝙚𝙣𝙩𝙖𝙧𝙮; 𝙢𝙮 𝙤𝙬𝙣 𝙫𝙞𝙚𝙬, 𝙣𝙤𝙩 𝙖𝙙𝙫𝙞𝙘𝙚. 𝘿𝙤 𝙮𝙤𝙪𝙧 𝙤𝙬𝙣 𝙧𝙚𝙨𝙚𝙖𝙧𝙘𝙝.

Not investment advice. The author may have financial interests in the mentioned instruments.