Happy SpaceX day! It’s finally today. It’s everywhere. My best advice: Don’t let your emotions control you. There has been so much hype around this IPO and NOBODY actually knows what’s going to happen. Don’t play guessing games.
SpaceX IPO tomorrow. And there’s going to be a ton of opportunity. But what about the rest of the year? One trade will not make you rich. Learning how to repeat the process and recognize the setups could. I’ve seen it…
This might sound weird because I’m not a space and computer nerd. And I’m not participating directly in the SpaceX IPO… But I do love how this IPO is setting up. And how SpaceX’s own Starship launch is an analogy for what we’re about to see. To be fair, I had to look up the stages of a Starship launch (but that was fun). Check it out…
We’re about to witness the biggest IPO in history. To put things in perspective… The biggest IPO before SpaceX was Saudi Aramco, which raised $25.6 billion in 2019. The SpaceX IPO dwarfs that. Even if you add the top three IPOs together: Aramco, Alibaba (BABA) and SoftBank (roughly $68 billion combined)… It doesn’t come close to the $75 billion SpaceX is targeting.
Breakouts are a gimme pattern. I want breakouts because that’s where most of the money is right now. But if there are no true breakouts… There is a LOT of opportunity in choppy supernovas. A supernova is a massive, explosive trading pattern where a low-priced stock can SOAR 100%, 500%, or even 2,000% fast.
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