The SpaceX IPO Truth You Need to Hear | Wallstreet Trapper

[00:00:00]What happened when people realize, bro, you you are trading at a 100x times the money you make.

[00:00:05]You only bringing $18 billion last year.

[00:00:07]You trade at 1.72 point something trillion right now, bro.

[00:00:11]You 150 times worth what you what you bring. You bring 18 million last year.

[00:00:15]18 billion. God, you are crazy. And at the end of the day, I feel like the market just setting us up. It was the seven most traded ticker holding over 2.5% of all traded option in its first day of option momentum. Look at all that, bro.

[00:00:32]Them people trying to spa trade. They trying to trade that thing, boy.

[00:00:37]They trying to trade that Space X ball.

[00:00:42]So, look at that. Spy, V, SPX, Tesla, IWM, Nvidia, SpaceX.

[00:00:50]They was trying to trade that joke of the day. I don't want none of that cuz not yet.

[00:00:56]I saw somebody say, "Bro, I'm getting smoked on this SpaceX trade today."

[00:01:03]I saw a few people post that like on P on uh on Twitter like, "Bro, I got smoked on this on this man." Listen, I I'm just standing away from it, dog right now. Cuz there ain't no hype moving them.

[00:01:18]They got one you train over. They got one candle. The key level is the one candle. What you Yeah. Moving high.

[00:01:30]My daily average.

[00:01:33]That go to high. That go to high. That go to low. I'mma put the fib on. On what?

[00:01:41]On what, man? The fib say the fib don't say nothing. You're lying. Stop. Fib ain't tell you nothing. They got one candle.

[00:01:50]The weekly, the daily all say the same.

[00:02:01]We got the Monday, the weekend, and the daily all got the same candle. Cuz man got confluence. Where? Where you see confluence at? Cuz stop. Previous day high, previous day a little oil on the weekly. What you man? Stop it, bro. Stop it. You got one candle, bro. Trade off one candle. What are you doing, man? You guessing, man. You better stop, man. You tripping, cuz man, it bounced off the fib on what?

[00:02:33]On what, man? Jump off the fib at 9:45. What?

[00:02:40]That's crazy, man. We trade I put puts on SpaceX. Why? I put nothing on it. I take my money somewhere else cuz there 6,700 other stocks I could be trading.

[00:02:51]Why would I trade one of this space?

[00:02:52]That's the problem. People want That's when people in this euphoric feeling, they gonna leave disregard everything they know. They gonna disregard everything they see. Oh, I'm long spaces cuz I'm about to do a year leap option on space. What you think trap? Die.

[00:03:10]You're dead.

[00:03:12]You're going to die, bro. Leave that alone. Like, bro, you got to leave it alone.

[00:03:18]You got to leave it alone. You got to give it some time. You just out here winging it, bro. You out here, man. You know what I'm saying, man? YOLO.

[00:03:25]I ain't really tripping off it if it do.

[00:03:27]No, you are. You are. That's why you asking me. Cuz you want to see. I'm going give you confirmation bias. Nah, bro. I'm straight. Leave that alone, bro. Go look at MU.

[00:03:39]Look at one of these other things that's doing good, bro. Leave that alone. But people don't know how to stop. They don't know how to They be caught up in the high. You know, the biggest thing was something like SpaceX. You won't be the one to be I got it when it was low.

[00:03:50]I got it when it's Bro, I could care less, bro. Somebody hit me the other day was like, "You told people don't invest in SpaceX." I said, "Don't invest on the IPO out the gate." And the reason why is because it's going to rally. But Elon smart. He did something that was real dope. So, he put this clause in to where like the stock got to be up at least 30% before you could sell.

[00:04:15]So that keep people from that keep people from selling, right? But and then you also got to be inside of this lock.

[00:04:23]It's just a lot. I rather just like leave it alone, bro.

[00:04:26]>> How often they do that though? Like >> he rewrote the rule.

[00:04:33]>> He rewrote the rule. So there's a couple things he did that way. He rewrote the rule. He changed the game. He made the game different. So, the first thing he did that changed the game was he he did this thing where you can only sell once it reach a certain point to get more shares on the market, right? He did that intentionally to keep the stock from falling. But we as investors got to realize, bro, it might run for a week.

[00:04:59]It's cool. But what happens when people, it's still a valuation game. What happen when people realize, bro, you you are trading at 100x times the money you make?

[00:05:09]You only bringing $18 billion last year.

[00:05:11]You trade at 1.7 2 something trillion right now, bro. You 150 times worth what you what you bring.

[00:05:18]You bring 18 million last year. 18 billion. Cuz you are crazy. And at the end of the day, I feel like the market is just setting us up.

[00:05:29]That's what I honestly feel, bro. I feel like they setting us up for the kill and they waiting for us and then they going to back door us, dog. Especially on this one.

[00:05:39]I really feel like they gonna back door us on this one, bro. That's why I rather just like pump my brakes, bro. I feel like they gonna back doors on this and I feel like a lot of people going to get hurt.

[00:05:51]Um, and I think that people going to be naive about it and they going to try to hide it where I just rather be like, "Bro, let's just sit on the side, right?" I think, and I could be wrong, bro. Like it opened at 130, kind of at 140, then ran all the way to 160, then jumped up to 200. So now people like, "Oh man, you I'm late." I'm like, "Bro, you this thing been on the market four days.

[00:06:22]I'm on the market three days. What you missing? If it's a good stock, it's going to be a good stock. You're not missing on nothing." But they don't be they don't be they don't be understanding. All right, let's talk about this. So here's the SpaceX IPO unlock and high schedule go like for 95% of the shares that are currently frozen. So the IPO was June 12, 22-6 only 4.5% public float is available, right? I mean that's what's available to the market, right? The first major unlock meaning investors can sell is August 11 after Q2 earnings. So you may see SpaceX rally all the way till August, right? Because that's when people can get out up to 20% of eligible shares as well. Rolling 7% August through late October. The biggest single trench is November 9th after Q3 earnings right for unlock eligible shares by June by December 9th 180 days which is pretty much regular at 180 days that's when you can get out of any IPO but Elon boosted ups performance bombing any extra 10% total 30% after two quarter is possible if the stock stays above 30% above the 135 IPO price. So you got to think why they pumping the price up right now cuz they wanted to stay above that 135. Why they want to stay above 135? So they can exit. It's up 30%. That's the game. So now if it stays up to pass 135 then they can get out and start. Now you got to think once they start selling now you add more supply to the market. So if it starts selling that sucker come all the way down. That's why I just rather just chill. And that's how the breakdown goes. Q2 earnings and is in August. They going to unlock 20%.

[00:08:06]And then they'll unlock 90%.

[00:08:09]No, 7%. Day one 20%, 135 20%.

[00:08:15]Um, Q3 earn they'll unlock 28% and by December 9th they'll unlock the last 170%.

[00:08:23]I'm telling y'all, man. If you just be a little patient, I think you gonna probably get it about one I think you'll get it at about 115 if you patient enough.

[00:08:40]If you patient enough, you'll get it about 115.

[00:08:44]We'll see how it go. Hopefully, I'm wrong because they probably got people in it already. I hope I'm wrong. Let's go a little further. Here are the SpaceX biggest winners. So, Kimell Musk 600, he has a 0.4% stake valued now at 760 million.

[00:09:05]Right. Jack Dorsey has a 14% stake valued at 2.6 billion. Larry Ellison from Oracle has a 0.15% stake. Larry at 2.7 billion. The Prince bin Talan Assad 5.1 billion founders fund 50 billion.

[00:09:26]Google has 5% of the stake at 90 billion. You got somebody like Larry Ellison on that who's saying like, "Bro, I don't even sell my share." So him being worth 2.7 just in Tesla stock, I mean that stock, you know what he going to do with that? He ain't going to do nothing but borrow money on that. That's how you gonna fund Oracle off these Tesla, off these SpaceX shares.

[00:09:46]That's how you going to fund Oracle.