Key insights
- The article discusses the potential market impact of the SpaceX IPO, focusing on anticipated money flows. It speculates on a scenario where smaller investors could profit by trading around the IPO's initial days and a specific date (day 15) when large funds are expected to buy. The author also notes commentary suggesting a potential rotation out of crypto into SpaceX. However, the article does not provide concrete data or analysis to support a significant forward-looking impact on the broader US equity market, hence a neutral influence score.
There’s a lot been posted about the SpaceX IPO and how rules are being changed such that the big funds will buy it on day 15.
In theory then this gives an opportunity for smaller investors to get in before that date, and sell when the big funds buy in high volumes on day 15.
There’s also commentary around this explaining other assets declining (mostly crypto) as money queues up ready to buy SpaceX.
Is it logical to then expect a huge flow into SpaceX on day 1 of trading, then a huge jump on day 15, then a sell off and the money moves back to wherever it came from? That seems logical to expect as an upcoming sequence of events but I’d love to have thoughts and critique on that prediction.