Video wird geladen...

Video konnte nicht geladen werden

Zur Startseite

SPACEX COULD QUALIFY FOR THE NASDAQ-100 JUST 15 TRADING DAYS AFTER LISTING Public's COO Steven Sikes Stephen Sikes broke down the wave of buying that triggers. The moment it qualifies, the buying isn't optional. $QQQ has to add it as a position. That means raising cash, selling other holdings,...

WOLF_Financial's profile picture

WOLF

482,680 subscribers

10,326 Aufrufe • vor 3 Monaten •via X (Twitter)

LIVE

Anya Rossi• Live Now

Private livecam show

0 Kommentare

Keine Kommentare verfügbar

Kommentare vom Original-Post werden hier angezeigt

Ähnliche Videos

YOU ALL GET IT WRONG ABOUT $SPCX!!!! On July 7, SpaceX joins the Nasdaq-100. Every fund tracking that index $800B(+) is mechanically forced to buy SPCX. Here's the part nobody's pricing in: Market cap → ~$2 TRILLION Shares that actually trade → ~3–5% Forced buying incoming → billions A wall of mandatory demand is about to hit a stock with almost no float. That's not a rally. That's a supply shock. SPCX already ran +67% off its IPO, then shook out −30%. Now it's coiling right under the single biggest forced-buying event of the year. July 7 is the date. I'm posting the levels in real time. Turn on notifications. NFA.
0:40

YOU ALL GET IT WRONG ABOUT $SPCX!!!! On July 7, SpaceX joins the Nasdaq-100. Every fund tracking that index $800B(+) is mechanically forced to buy SPCX. Here's the part nobody's pricing in: Market cap → ~$2 TRILLION Shares that actually trade → ~3–5% Forced buying incoming → billions A wall of mandatory demand is about to hit a stock with almost no float. That's not a rally. That's a supply shock. SPCX already ran +67% off its IPO, then shook out −30%. Now it's coiling right under the single biggest forced-buying event of the year. July 7 is the date. I'm posting the levels in real time. Turn on notifications. NFA.

Frogify

24,790 Aufrufe • vor 2 Monaten

Trillions of dollars flow into $QQQM or $QQQ … So when SpaceX $SPCX gets added to the Nasdaq-100… millions of Americans will invest in SpaceX. Once SpaceX gets included in the Nasdaq-100, any investor buying QQQM or QQQ will by definition be investing in SpaceX regardless of the valuation. Inclusion in the Nasdaq-100 or S&P 500 used to be a lengthy process… but now since many companies are going public at such a mega market cap… the rules are getting bent. It used to be when you go public that you go through a seasoning period where you prove your profitability, your liquidity, and then maybe you get added… The new playbook is the fast track entry. Nasdaq sped up index entry for SpaceX, and even large IPOs with the new rule. Ok…let’s fast track our rules where instead of being public for 3 months, you can be part of the Nasdaq-100 pretty much right away to win over Elon Musk to choose the Nasdaq. These trillion dollar companies determine the future of your portfolio and your wealth…
1:39

Trillions of dollars flow into $QQQM or $QQQ … So when SpaceX $SPCX gets added to the Nasdaq-100… millions of Americans will invest in SpaceX. Once SpaceX gets included in the Nasdaq-100, any investor buying QQQM or QQQ will by definition be investing in SpaceX regardless of the valuation. Inclusion in the Nasdaq-100 or S&P 500 used to be a lengthy process… but now since many companies are going public at such a mega market cap… the rules are getting bent. It used to be when you go public that you go through a seasoning period where you prove your profitability, your liquidity, and then maybe you get added… The new playbook is the fast track entry. Nasdaq sped up index entry for SpaceX, and even large IPOs with the new rule. Ok…let’s fast track our rules where instead of being public for 3 months, you can be part of the Nasdaq-100 pretty much right away to win over Elon Musk to choose the Nasdaq. These trillion dollar companies determine the future of your portfolio and your wealth…

Marcos Milla

19,320 Aufrufe • vor 3 Monaten

NASDAQ JUST FORCED EVERYONE TO BUY SPACEX AT THE TOP July 3 $SPCX gets fast-tracked into the Nasdaq-100 just 15 trading days after IPO That's not a celebration that's a forced trade Every QQQ fund on earth has to buy SpaceX, which means trimming Apple, Nvidia, and Microsoft to make room for a rocket company at 120x revenue That's leg one forced buying at peak valuation Leg two runs right behind it: Late July → first 20% of insider shares unlock post Q2 earnings August-October → 7% tranches hitting every few weeks December 8 → floodgates open fully Forced index buying in July, insiders unloading into that exact rally from August onward opposite directions, same window Nasdaq-100 roadmap: 30,438 → blow-off top 22,780 → first leg down 16,324 → acceleration ~13,000 → 57% round trip to where this rally began This isn't a forecast it's a calendar with four dates already written on it Turn on notifications I'll update every stage as it plays out
0:24

NASDAQ JUST FORCED EVERYONE TO BUY SPACEX AT THE TOP July 3 $SPCX gets fast-tracked into the Nasdaq-100 just 15 trading days after IPO That's not a celebration that's a forced trade Every QQQ fund on earth has to buy SpaceX, which means trimming Apple, Nvidia, and Microsoft to make room for a rocket company at 120x revenue That's leg one forced buying at peak valuation Leg two runs right behind it: Late July → first 20% of insider shares unlock post Q2 earnings August-October → 7% tranches hitting every few weeks December 8 → floodgates open fully Forced index buying in July, insiders unloading into that exact rally from August onward opposite directions, same window Nasdaq-100 roadmap: 30,438 → blow-off top 22,780 → first leg down 16,324 → acceleration ~13,000 → 57% round trip to where this rally began This isn't a forecast it's a calendar with four dates already written on it Turn on notifications I'll update every stage as it plays out

ardizor 🧙‍♂️

66,392 Aufrufe • vor 3 Monaten

BREAKING: Elon Musk is about to force everyone in America to buy SpaceX stock. Even if you don't want to, you will own something of it. And the three biggest pension funds in the country are trying to stop him. Here's why... On Wednesday, three of the largest public pension systems in the United States sent Elon Musk a letter. New York State Comptroller Thomas DiNapoli. New York City Comptroller Mark Levine. CalPERS CEO Marcie Frost. Together, they oversee more than $1 trillion in retirement assets for teachers, firefighters, nurses, and public workers. They asked Musk to scrap the governance structure SpaceX is planning to use for its IPO. Their exact words: it would constitute "the most management-favorable governance structure ever" at this scale. Here's what's actually in the filing. SpaceX is targeting a $1.75 trillion valuation. It plans to raise $75 billion. That makes it the largest IPO in human history. Bigger than Saudi Aramco. Roughly the size of the entire GDP of South Korea. Twenty-one investment banks have been assembled to underwrite it. The target listing month is June. Now look at the share structure. There are two classes of stock. Class A is what gets sold to the public. One vote per share. Class B is held by Musk and a handful of insiders. Ten votes per share. Musk owns 42.5% of the equity. He controls 83.8% of the voting power. After the IPO, he keeps more than 50% of voting control. The only person who can fire Elon Musk from SpaceX is Elon Musk. Then there's the litigation structure. SpaceX reincorporated in Texas. New Texas laws say shareholders must hold up to 3% of outstanding stock to pursue derivative lawsuits. At a $1.75 trillion valuation, that's $52.5 billion in holdings. This is the package. All of it, in one IPO. Voting locked. Courthouse locked. Boardroom locked. And here's the part that should stop every retail investor reading this. SpaceX has applied for early inclusion in the Nasdaq 100. That means as soon as the listing clears, every passive index fund that tracks the Nasdaq 100 has to buy the stock. Every S&P 500 fund that picks it up has to buy the stock. Every target-date retirement fund that holds those indexes has to buy the stock. Every 401k allocation that defaults to "diversified index exposure" has to buy the stock. The American Federation of Teachers, whose members participate in retirement funds worth roughly $3 trillion in assets, has already filed a formal objection. Their argument is that index rules will "force" their members to invest in SpaceX at a proportion that has nothing to do with the company's fundamentals. You will own SpaceX through your 401k. You will own SpaceX through your pension. You will own SpaceX through your index fund. This is the structural innovation of the whole deal. Most IPOs ask you to buy the stock. This one is engineered so you buy it whether you ask to or not. That's why the pension funds are panicking. They wrote the letter because that's the only lever they have left. Now zoom out. The wealthy have always understood something most retail investors haven't. Passive investing is not neutral. When you buy an index fund, you're not making a neutral bet on America. You're buying whatever the index committee decides to admit. In whatever weight they decide to assign. SpaceX is the best example yet. It's about to land in millions of retirement accounts in June. Whether anyone asked for it or not. The lesson is not "don't buy SpaceX." The decision has been made. The lesson is to actually look at what you own. They picked the default 401k option years ago and never looked again. They think they own "the market." They actually own a committee's decision about what the market should be. The wealthy don't operate that way, they know exactly what they own. They build deliberate, rules-based allocations. Not because they're smarter. Because they decided a long time ago that owning something by accident is not the same as owning it on purpose. The question is which group you want to be in. Surmount was built for the second one. Rules-based strategies you actually pick....
5:15

BREAKING: Elon Musk is about to force everyone in America to buy SpaceX stock. Even if you don't want to, you will own something of it. And the three biggest pension funds in the country are trying to stop him. Here's why... On Wednesday, three of the largest public pension systems in the United States sent Elon Musk a letter. New York State Comptroller Thomas DiNapoli. New York City Comptroller Mark Levine. CalPERS CEO Marcie Frost. Together, they oversee more than $1 trillion in retirement assets for teachers, firefighters, nurses, and public workers. They asked Musk to scrap the governance structure SpaceX is planning to use for its IPO. Their exact words: it would constitute "the most management-favorable governance structure ever" at this scale. Here's what's actually in the filing. SpaceX is targeting a $1.75 trillion valuation. It plans to raise $75 billion. That makes it the largest IPO in human history. Bigger than Saudi Aramco. Roughly the size of the entire GDP of South Korea. Twenty-one investment banks have been assembled to underwrite it. The target listing month is June. Now look at the share structure. There are two classes of stock. Class A is what gets sold to the public. One vote per share. Class B is held by Musk and a handful of insiders. Ten votes per share. Musk owns 42.5% of the equity. He controls 83.8% of the voting power. After the IPO, he keeps more than 50% of voting control. The only person who can fire Elon Musk from SpaceX is Elon Musk. Then there's the litigation structure. SpaceX reincorporated in Texas. New Texas laws say shareholders must hold up to 3% of outstanding stock to pursue derivative lawsuits. At a $1.75 trillion valuation, that's $52.5 billion in holdings. This is the package. All of it, in one IPO. Voting locked. Courthouse locked. Boardroom locked. And here's the part that should stop every retail investor reading this. SpaceX has applied for early inclusion in the Nasdaq 100. That means as soon as the listing clears, every passive index fund that tracks the Nasdaq 100 has to buy the stock. Every S&P 500 fund that picks it up has to buy the stock. Every target-date retirement fund that holds those indexes has to buy the stock. Every 401k allocation that defaults to "diversified index exposure" has to buy the stock. The American Federation of Teachers, whose members participate in retirement funds worth roughly $3 trillion in assets, has already filed a formal objection. Their argument is that index rules will "force" their members to invest in SpaceX at a proportion that has nothing to do with the company's fundamentals. You will own SpaceX through your 401k. You will own SpaceX through your pension. You will own SpaceX through your index fund. This is the structural innovation of the whole deal. Most IPOs ask you to buy the stock. This one is engineered so you buy it whether you ask to or not. That's why the pension funds are panicking. They wrote the letter because that's the only lever they have left. Now zoom out. The wealthy have always understood something most retail investors haven't. Passive investing is not neutral. When you buy an index fund, you're not making a neutral bet on America. You're buying whatever the index committee decides to admit. In whatever weight they decide to assign. SpaceX is the best example yet. It's about to land in millions of retirement accounts in June. Whether anyone asked for it or not. The lesson is not "don't buy SpaceX." The decision has been made. The lesson is to actually look at what you own. They picked the default 401k option years ago and never looked again. They think they own "the market." They actually own a committee's decision about what the market should be. The wealthy don't operate that way, they know exactly what they own. They build deliberate, rules-based allocations. Not because they're smarter. Because they decided a long time ago that owning something by accident is not the same as owning it on purpose. The question is which group you want to be in. Surmount was built for the second one. Rules-based strategies you actually pick....

Logan Weaver

15,945 Aufrufe • vor 4 Monaten

This is the most SHAMELESS structural manipulation of a major index I've ever seen. SpaceX is preparing what could be the largest IPO in history. Target valuation: $1.75 trillion. That would make it the sixth-largest company in America on day one. And Nasdaq wants the listing so badly they're literally CHANGING how the Nasdaq-100 works. In February, Nasdaq published a "consultation" proposing sweeping changes to how companies enter the index. The timing is pure coincidence, of course. Just like it's pure coincidence that SpaceX has reportedly made fast index inclusion a CONDITION of listing on Nasdaq. Here's what they're proposing: A new "Fast Entry" rule would let any newly listed company whose market cap ranks in the top 40 of current Nasdaq-100 members get added to the index after just 15 trading days. No seasoning period. No liquidity requirements. Completely exempt from the standards every other company had to meet. Currently, new public companies typically wait up to a year before they're eligible for major index inclusion. That waiting period exists for a reason. It lets the market establish real price discovery. It protects passive investors from being forced into untested, illiquid stocks. And Nasdaq wants to throw all of that out. For ONE listing. But the Fast Entry rule isn't even the worst part... The real scandal is the 5x float multiplier. Right now, the S&P 500 uses a free-float adjusted methodology. If only 5% of a company's shares are available for public trading, the index weights you at 5% of total market cap. That's common sense. You weight a company based on what investors can actually buy. Nasdaq's current methodology already uses total market cap rather than free-float for weighting. But for very low-float stocks, they at least had a 10% minimum float threshold. Under the new proposal, that threshold DISAPPEARS entirely. Instead, any stock with less than 20% free float gets weighted at FIVE TIMES its actual float percentage, capped at 100%. Do the math on SpaceX: If SpaceX IPOs at $1.75 trillion and floats 5% of its shares, there would be roughly $87.5 billion worth of stock available for public trading. Under Nasdaq's proposed 5x multiplier, the index would weight SpaceX at 25% of its total market cap. That means passive funds would be forced to buy as if SpaceX were a $437.5 billion company. But only $87.5 billion of stock actually exists in the market. You are forcing hundreds of billions in passive buying into a $87.5 billion float. QQQ alone manages nearly $400 billion. The total Nasdaq-100 ecosystem represents over $1.4 trillion in exposure across ETFs, mutual funds, structured notes, and derivatives. Every single passive vehicle tracking this index would be REQUIRED to buy SpaceX at whatever price the market dictates. On Day 15. With zero price discovery. Zero track record as a public company. And a float so thin you could read through it. So what this actually does is it creates a structural wealth transfer mechanism. The passive bid from index funds pushes the stock price higher. That higher price benefits exactly one group of people: the insiders and early investors who own the other 95% of the shares. And when lock-up periods expire 90 to 180 days later? Those insiders sell into the artificially inflated passive bid. Your 401(k) is the exit liquidity. This is the fundamental corruption of indexing. Indexing used to be brilliant. Low cost. Efficient. You were free-riding on the price discovery done by active managers. The index reflected the market. Now the index IS the market. Trillions of dollars flow blindly into whatever the index tells them to buy. And the people who control the index methodology are changing the rules to serve the interests of a single IPO candidate. The S&P 500 requires companies to have at least 50% of shares available for public trading. It requires 6 to 12 months of seasoning. It uses free-float adjusted weighting so passive investors aren't buying phantom liquidity. Nasdaq is doing the exact opposite. 15 days. No float requirement. 5x multiplier on insider-held shares. Every passive investor in QQQ, QQQM, and every fund benchmarked to the Nasdaq-100 should understand what's about to happen: The rules are being rewritten to benefit IPO issuers and early-stage insiders, and your capital is the tool being USED to enrich them. 45 years in this business and I've watched Wall Street find creative new ways to separate retail investors from their money in every cycle. But usually they at least try to be subtle about it. This one they put in a PDF and called it a "consultation." What's your take?
0:45

This is the most SHAMELESS structural manipulation of a major index I've ever seen. SpaceX is preparing what could be the largest IPO in history. Target valuation: $1.75 trillion. That would make it the sixth-largest company in America on day one. And Nasdaq wants the listing so badly they're literally CHANGING how the Nasdaq-100 works. In February, Nasdaq published a "consultation" proposing sweeping changes to how companies enter the index. The timing is pure coincidence, of course. Just like it's pure coincidence that SpaceX has reportedly made fast index inclusion a CONDITION of listing on Nasdaq. Here's what they're proposing: A new "Fast Entry" rule would let any newly listed company whose market cap ranks in the top 40 of current Nasdaq-100 members get added to the index after just 15 trading days. No seasoning period. No liquidity requirements. Completely exempt from the standards every other company had to meet. Currently, new public companies typically wait up to a year before they're eligible for major index inclusion. That waiting period exists for a reason. It lets the market establish real price discovery. It protects passive investors from being forced into untested, illiquid stocks. And Nasdaq wants to throw all of that out. For ONE listing. But the Fast Entry rule isn't even the worst part... The real scandal is the 5x float multiplier. Right now, the S&P 500 uses a free-float adjusted methodology. If only 5% of a company's shares are available for public trading, the index weights you at 5% of total market cap. That's common sense. You weight a company based on what investors can actually buy. Nasdaq's current methodology already uses total market cap rather than free-float for weighting. But for very low-float stocks, they at least had a 10% minimum float threshold. Under the new proposal, that threshold DISAPPEARS entirely. Instead, any stock with less than 20% free float gets weighted at FIVE TIMES its actual float percentage, capped at 100%. Do the math on SpaceX: If SpaceX IPOs at $1.75 trillion and floats 5% of its shares, there would be roughly $87.5 billion worth of stock available for public trading. Under Nasdaq's proposed 5x multiplier, the index would weight SpaceX at 25% of its total market cap. That means passive funds would be forced to buy as if SpaceX were a $437.5 billion company. But only $87.5 billion of stock actually exists in the market. You are forcing hundreds of billions in passive buying into a $87.5 billion float. QQQ alone manages nearly $400 billion. The total Nasdaq-100 ecosystem represents over $1.4 trillion in exposure across ETFs, mutual funds, structured notes, and derivatives. Every single passive vehicle tracking this index would be REQUIRED to buy SpaceX at whatever price the market dictates. On Day 15. With zero price discovery. Zero track record as a public company. And a float so thin you could read through it. So what this actually does is it creates a structural wealth transfer mechanism. The passive bid from index funds pushes the stock price higher. That higher price benefits exactly one group of people: the insiders and early investors who own the other 95% of the shares. And when lock-up periods expire 90 to 180 days later? Those insiders sell into the artificially inflated passive bid. Your 401(k) is the exit liquidity. This is the fundamental corruption of indexing. Indexing used to be brilliant. Low cost. Efficient. You were free-riding on the price discovery done by active managers. The index reflected the market. Now the index IS the market. Trillions of dollars flow blindly into whatever the index tells them to buy. And the people who control the index methodology are changing the rules to serve the interests of a single IPO candidate. The S&P 500 requires companies to have at least 50% of shares available for public trading. It requires 6 to 12 months of seasoning. It uses free-float adjusted weighting so passive investors aren't buying phantom liquidity. Nasdaq is doing the exact opposite. 15 days. No float requirement. 5x multiplier on insider-held shares. Every passive investor in QQQ, QQQM, and every fund benchmarked to the Nasdaq-100 should understand what's about to happen: The rules are being rewritten to benefit IPO issuers and early-stage insiders, and your capital is the tool being USED to enrich them. 45 years in this business and I've watched Wall Street find creative new ways to separate retail investors from their money in every cycle. But usually they at least try to be subtle about it. This one they put in a PDF and called it a "consultation." What's your take?

George Noble

869,743 Aufrufe • vor 6 Monaten

.Starcloud CEO Philip Johnston: "Buy SpaceX stock." "It's like owning the railroads." " The SpaceX IPO is going to be viewed historically as the most undervalued IPO of all time." "They will tear through $10 trillion certainly within the next couple of years, and then have almost unlimited TAM for what they're building." "I'm not like regulated by anybody. So I'm going to tell people, 'Just buy SpaceX stock.' I think it's a great stock to buy." "They own what will be by far the most cost-effective launch vehicle, and that opens up every industry in space that will be possible beyond that: asteroid mining, lunar resource mining, all of the comms businesses that are going to be built. Everything else is going to have to go through SpaceX." "It's like owning the railroads. Lots of businesses will be built on top of it, like our business will be built on top of it." "The railroads are a great business to own." Elon Musk
1:08

.Starcloud CEO Philip Johnston: "Buy SpaceX stock." "It's like owning the railroads." " The SpaceX IPO is going to be viewed historically as the most undervalued IPO of all time." "They will tear through $10 trillion certainly within the next couple of years, and then have almost unlimited TAM for what they're building." "I'm not like regulated by anybody. So I'm going to tell people, 'Just buy SpaceX stock.' I think it's a great stock to buy." "They own what will be by far the most cost-effective launch vehicle, and that opens up every industry in space that will be possible beyond that: asteroid mining, lunar resource mining, all of the comms businesses that are going to be built. Everything else is going to have to go through SpaceX." "It's like owning the railroads. Lots of businesses will be built on top of it, like our business will be built on top of it." "The railroads are a great business to own." Elon Musk

sourcery

600,189 Aufrufe • vor 2 Monaten

The California Coastal Commission has already made up its mind that it would deny SpaceX a coastal development permit (CDP) if SpaceX applies for one – It is a foregone conclusion. The problem for the Commission is that the US Space Force has already agreed to ALL of the Commission's demands regarding environmental safeguards and monitoring at Vandenberg for the increased number of SpaceX launches. Now, the Commission realizes that if it votes in favor of the consistency certification of the US Space Force, it would be impossible to then find a plausible environmental reason to deny SpaceX a CDP that's based on the exact same parameters as the US Space Force's consistency certification. This is an overt act of political bias by the Commission against Elon Musk and SpaceX. This is why SpaceX has filed a federal lawsuit against the Commission to seek an order that would bar the Commission from regulating its rocket launch program at Vandenberg. This is important because the Commission will try to force SpaceX to apply for a CDP via enforcement action – An application for a CDP that the Commission has no intention whatsoever of granting.
1:41

The California Coastal Commission has already made up its mind that it would deny SpaceX a coastal development permit (CDP) if SpaceX applies for one – It is a foregone conclusion. The problem for the Commission is that the US Space Force has already agreed to ALL of the Commission's demands regarding environmental safeguards and monitoring at Vandenberg for the increased number of SpaceX launches. Now, the Commission realizes that if it votes in favor of the consistency certification of the US Space Force, it would be impossible to then find a plausible environmental reason to deny SpaceX a CDP that's based on the exact same parameters as the US Space Force's consistency certification. This is an overt act of political bias by the Commission against Elon Musk and SpaceX. This is why SpaceX has filed a federal lawsuit against the Commission to seek an order that would bar the Commission from regulating its rocket launch program at Vandenberg. This is important because the Commission will try to force SpaceX to apply for a CDP via enforcement action – An application for a CDP that the Commission has no intention whatsoever of granting.

ALEX

525,203 Aufrufe • vor 1 Jahr

🚨 SOMETHING EXTREMELY BAD IS COMING TOMORROW!! In less than 24 hours, SpaceX goes public at a $1.80 TRILLION valuation. And in 10 years of trading, I have NEVER seen markets change the rules like this. Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company. The entire system suddenly became much easier to access. Fidelity reportedly dropped its minimum requirement from $500,000 to just $2,000. A 99.6% reduction. Ask yourself one question. Why do they suddenly want millions of retail investors involved right before the biggest IPO in history? Because somebody needs buyers. SpaceX reportedly reserved around 30% of the deal for retail. Almost 3 times the normal amount. And even then, demand is overwhelming supply. Now connect the dots. Everyone wants SpaceX. But money does NOT appear from nowhere. To buy $SPCX, people need cash. To get cash, they sell what they already own. → Stocks. → Crypto. → AI names. → High beta tech. Everything. And that is exactly what we are seeing right now. But that is not even the biggest part. SpaceX joins the Nasdaq 100 just 15 days after listing. Not 3 months. 15 days. That means billions of dollars of passive money will be forced to buy. Funds know this. They are positioning before it happens. This is NOT a normal IPO. This is one of the largest liquidity events in market history. We have seen this movie before. → 2000 Dotcom bubble. → 2021 SPAC mania. Massive hype. Massive demand. Then reality arrives. The question is simple. Are you buying the opportunity? Or are you becoming the exit liquidity? I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.
0:31

🚨 SOMETHING EXTREMELY BAD IS COMING TOMORROW!! In less than 24 hours, SpaceX goes public at a $1.80 TRILLION valuation. And in 10 years of trading, I have NEVER seen markets change the rules like this. Nasdaq, MSCI, and the biggest brokers in America all bent their own rules for ONE private company. The entire system suddenly became much easier to access. Fidelity reportedly dropped its minimum requirement from $500,000 to just $2,000. A 99.6% reduction. Ask yourself one question. Why do they suddenly want millions of retail investors involved right before the biggest IPO in history? Because somebody needs buyers. SpaceX reportedly reserved around 30% of the deal for retail. Almost 3 times the normal amount. And even then, demand is overwhelming supply. Now connect the dots. Everyone wants SpaceX. But money does NOT appear from nowhere. To buy $SPCX, people need cash. To get cash, they sell what they already own. → Stocks. → Crypto. → AI names. → High beta tech. Everything. And that is exactly what we are seeing right now. But that is not even the biggest part. SpaceX joins the Nasdaq 100 just 15 days after listing. Not 3 months. 15 days. That means billions of dollars of passive money will be forced to buy. Funds know this. They are positioning before it happens. This is NOT a normal IPO. This is one of the largest liquidity events in market history. We have seen this movie before. → 2000 Dotcom bubble. → 2021 SPAC mania. Massive hype. Massive demand. Then reality arrives. The question is simple. Are you buying the opportunity? Or are you becoming the exit liquidity? I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.

Wimar.X

229,049 Aufrufe • vor 3 Monaten

THE SPACEX IPO TRAP STARTS ON DAY 15 Day 1 is over- stock up 19%, retail is happy! If you're one of the people who bought SpaceX's IPO, read on Here is the real trap - and it's built into the calendar Nasdaq cut its own waiting period from 3 months to 15 days just for this deal On Day 15(June 26), SpaceX joins the Nasdaq 100 The moment it does, every QQQ fund on Earth is forced to buy automatically That's $22-27 billion in forced buying hitting the market on a single day Funds know this is coming - so they're selling everything else now to free up cash That selling pressure is already in the market Retail sees the pump and buys again - same mistake Then the real mechanics kick in 95% of shares sit with insiders who waited years for this moment Lock-ups expire in stages. Every quarter is a structured exit The stock doesn't crash - it just slowly bleeds while retail holds and hopes 6 months of dead money That's when institutions quietly accumulate at the price they actually wanted Not at $160. Not at the Day 15 spike At the price nobody wants to touch That's where I'll be buying The $126k top was called here. The $SPX distribution was called here. The SpaceX trap was posted before Day 1 The next entry will be posted here too - before it becomes obvious Follow now to not miss out on updates!
0:56

THE SPACEX IPO TRAP STARTS ON DAY 15 Day 1 is over- stock up 19%, retail is happy! If you're one of the people who bought SpaceX's IPO, read on Here is the real trap - and it's built into the calendar Nasdaq cut its own waiting period from 3 months to 15 days just for this deal On Day 15(June 26), SpaceX joins the Nasdaq 100 The moment it does, every QQQ fund on Earth is forced to buy automatically That's $22-27 billion in forced buying hitting the market on a single day Funds know this is coming - so they're selling everything else now to free up cash That selling pressure is already in the market Retail sees the pump and buys again - same mistake Then the real mechanics kick in 95% of shares sit with insiders who waited years for this moment Lock-ups expire in stages. Every quarter is a structured exit The stock doesn't crash - it just slowly bleeds while retail holds and hopes 6 months of dead money That's when institutions quietly accumulate at the price they actually wanted Not at $160. Not at the Day 15 spike At the price nobody wants to touch That's where I'll be buying The $126k top was called here. The $SPX distribution was called here. The SpaceX trap was posted before Day 1 The next entry will be posted here too - before it becomes obvious Follow now to not miss out on updates!

bee🐝

225,359 Aufrufe • vor 3 Monaten

Chris Camillo explains why he is NOT buying the SpaceX IPO “I'm not going to buy the IPO. So, I'm not saying it's a bad investment, I don't have any alpha on SpaceX that's special that the rest of the world doesn't already know. And I don't make investments unless I know something that I think is meaningful that other people”
0:20

Chris Camillo explains why he is NOT buying the SpaceX IPO “I'm not going to buy the IPO. So, I'm not saying it's a bad investment, I don't have any alpha on SpaceX that's special that the rest of the world doesn't already know. And I don't make investments unless I know something that I think is meaningful that other people”

The Iced Coffee Hour

105,402 Aufrufe • vor 4 Monaten

🚨 SPACEX IS REPEATING NVIDIA IN 1999 NVIDIA went public at $0.05. Then it pumped above $0.55. Everyone said the same thing: “This is the future.” Then NVIDIA crashed almost 90%. $0.55 → $0.08 That was where institutions started buying. Now look at SpaceX. SpaceX went public near $150. Then it pumped above $215. Everyone said the same thing: “This is the future.” Now $SPCX has already dumped. $215 → $100 And it has already pumped back. $100 → $140 But the real institutional buying zone is lower: $70 - $80 NVIDIA’s 1999 chart showed exactly what happened next. Retail bought the top. Institutions accumulated after the brutal crash. Then the real rally began. $0.08 → $0.91 For SpaceX, that same setup points to: $80 → $300 Follow and turn notifications on. I’ll post the exact level where I start buying $SPCX.
0:30

🚨 SPACEX IS REPEATING NVIDIA IN 1999 NVIDIA went public at $0.05. Then it pumped above $0.55. Everyone said the same thing: “This is the future.” Then NVIDIA crashed almost 90%. $0.55 → $0.08 That was where institutions started buying. Now look at SpaceX. SpaceX went public near $150. Then it pumped above $215. Everyone said the same thing: “This is the future.” Now $SPCX has already dumped. $215 → $100 And it has already pumped back. $100 → $140 But the real institutional buying zone is lower: $70 - $80 NVIDIA’s 1999 chart showed exactly what happened next. Retail bought the top. Institutions accumulated after the brutal crash. Then the real rally began. $0.08 → $0.91 For SpaceX, that same setup points to: $80 → $300 Follow and turn notifications on. I’ll post the exact level where I start buying $SPCX.

Wimar.X

57,618 Aufrufe • vor 1 Monat

Rasmr breaks down exactly why Jake Paul's SpaceX victory lap is a disguised exit "Jake Paul tweets that he's excited about his SpaceX public position after supporting through the private rounds. But here's what he's actually doing. He made a lot of money on the private equity, so now he's buying the IPO and selling his private shares on the other side." "You're not sneaky, bro. You're going delta neutral, I'm not stupid. You're not adding to your SpaceX position, you're selling. And $10M is probably the exact amount he has unlocked, so he's just going delta neutral." "I'm calling cap on that, I'm calling major cap. Bro invested in Polymarket series A too. Yeah."
0:46

Rasmr breaks down exactly why Jake Paul's SpaceX victory lap is a disguised exit "Jake Paul tweets that he's excited about his SpaceX public position after supporting through the private rounds. But here's what he's actually doing. He made a lot of money on the private equity, so now he's buying the IPO and selling his private shares on the other side." "You're not sneaky, bro. You're going delta neutral, I'm not stupid. You're not adding to your SpaceX position, you're selling. And $10M is probably the exact amount he has unlocked, so he's just going delta neutral." "I'm calling cap on that, I'm calling major cap. Bro invested in Polymarket series A too. Yeah."

Kai

50,205 Aufrufe • vor 3 Monaten

🚨 WARNING: ELON MUSK'S SPACEX IPO WILL DUMP MARKETS! That's the BIGGEST liquidity drain in stock market history. SpaceX is expected to go public on June 12 at ~$2 TRILLION valuation. And if you think it's just another scary headline YOU'RE COMPLETELY WRONG! Money does NOT appear from nowhere. If investors want exposure to $SPCX, they will sell what they already own. - Stocks - Crypto - High beta tech - Other crowded risk trades That one fact explains a lot. Because this is NOT just an IPO. It is a liquidity grab. Everyone sees the hype. Almost nobody sees the forced selling. And it gets worse. Insiders own about 95% of SpaceX shares. The public float is only about 5%. That means insiders are sitting on about $1.66 TRILLION of paper wealth. Most IPOs lock insiders for 180 days. SpaceX reportedly does NOT. Just 60 days after listing, 20% of eligible insider shares can unlock. That is the REAL danger. Investors sell other assets to chase $SPCX. Then insiders get liquidity into that demand. Now connect the dots. - Existing stocks get sold - Crypto liquidity gets pulled - High beta assets dump - Insiders cash out - Retail holds the bag This is NOT a normal IPO. It is one of the biggest liquidity events Wall Street has ever seen. Markets are NOT pricing it now. But they will. I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.
0:22

🚨 WARNING: ELON MUSK'S SPACEX IPO WILL DUMP MARKETS! That's the BIGGEST liquidity drain in stock market history. SpaceX is expected to go public on June 12 at ~$2 TRILLION valuation. And if you think it's just another scary headline YOU'RE COMPLETELY WRONG! Money does NOT appear from nowhere. If investors want exposure to $SPCX, they will sell what they already own. - Stocks - Crypto - High beta tech - Other crowded risk trades That one fact explains a lot. Because this is NOT just an IPO. It is a liquidity grab. Everyone sees the hype. Almost nobody sees the forced selling. And it gets worse. Insiders own about 95% of SpaceX shares. The public float is only about 5%. That means insiders are sitting on about $1.66 TRILLION of paper wealth. Most IPOs lock insiders for 180 days. SpaceX reportedly does NOT. Just 60 days after listing, 20% of eligible insider shares can unlock. That is the REAL danger. Investors sell other assets to chase $SPCX. Then insiders get liquidity into that demand. Now connect the dots. - Existing stocks get sold - Crypto liquidity gets pulled - High beta assets dump - Insiders cash out - Retail holds the bag This is NOT a normal IPO. It is one of the biggest liquidity events Wall Street has ever seen. Markets are NOT pricing it now. But they will. I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.

WhaleTwits

66,245 Aufrufe • vor 3 Monaten

🚀 SpaceX may have just solved the biggest problem in IPO history. The company is reportedly targeting a $75B IPO float — roughly 3x larger than the biggest IPO ever. 😳 So the question was: Who’s actually going to buy all those shares? Now we may have the answer. NASDAQ is reportedly changing its rules so Elon Musk's SpaceX can enter the NASDAQ-100 almost immediately after IPO. That could force passive index funds to automatically buy ~$25B worth of SpaceX stock. NASDAQ normally makes companies wait 6+ months before inclusion. Dave McClure and Aman Verjee discuss why NASDAQ may be bending the rules for the most anticipated IPO in years. Check out the full conversation on Trading Places Podcast EP34!
2:22

🚀 SpaceX may have just solved the biggest problem in IPO history. The company is reportedly targeting a $75B IPO float — roughly 3x larger than the biggest IPO ever. 😳 So the question was: Who’s actually going to buy all those shares? Now we may have the answer. NASDAQ is reportedly changing its rules so Elon Musk's SpaceX can enter the NASDAQ-100 almost immediately after IPO. That could force passive index funds to automatically buy ~$25B worth of SpaceX stock. NASDAQ normally makes companies wait 6+ months before inclusion. Dave McClure and Aman Verjee discuss why NASDAQ may be bending the rules for the most anticipated IPO in years. Check out the full conversation on Trading Places Podcast EP34!

trading places

50,775 Aufrufe • vor 4 Monaten

NEWS: Founders Fund holds SpaceX across nearly every fund it has raised and the lesson is to never bet against Elon, partner Trae Stephens says Asked how much venture capital needs the SpaceX IPO, Stephens says the exposure spans the firm's venture and growth funds, with "a ton of exposure for LPs," both its earliest backers and its newest. After 18 plus years holding the stock, his takeaway is blunt: "never bet against Elon. It's just a bad idea." The listing now turns nearly two decades of conviction into liquidity, with the gains ready to roll into whatever comes next.
0:36

NEWS: Founders Fund holds SpaceX across nearly every fund it has raised and the lesson is to never bet against Elon, partner Trae Stephens says Asked how much venture capital needs the SpaceX IPO, Stephens says the exposure spans the firm's venture and growth funds, with "a ton of exposure for LPs," both its earliest backers and its newest. After 18 plus years holding the stock, his takeaway is blunt: "never bet against Elon. It's just a bad idea." The listing now turns nearly two decades of conviction into liquidity, with the gains ready to roll into whatever comes next.

Muskonomy

23,661 Aufrufe • vor 3 Monaten

SpaceX was just rumored to be worth $800B But retail investors are still locked out Unless you buy $SATS It's the next retail favorite: a SpaceX treasury play trading at a HUGE discount to NAV. Shoutout @transhumanica for being the first to call this 🧵🚀 You know Echostar ($SATS) as the OG telecom behind Dish Network. It was on death's doorstep but 3 blockbuster Spectrum deals changed everything. 1. $17B deal with SpaceX (half stock/half cash) 2. $23B spectrum sale to AT&T 3. Another $2.6B deal with SpaceX (all stock) These deals turned $SATS into a SpaceX proxy. It got $11.1B in SpaceX stock at a $400B valuation. If the $800B is true. $SATS is now sitting on $22.2B of SpaceX stock and tens of billions in cash and other assets. But its market cap was only $23B after the market close Friday (even after +10% pop) So what is $SATS actually worth? Well even if these rumors are false the math is: ~$11.1B in SpaceX ~$17B in projected net cash ~$6.4B in other spectrum assets ~$3B Boost mobile So ~$37.5B NAV. SATS popped 10% Friday because of the rumor and only closed at a $23B. Let's compute NAV with SpaceX worth $800B. ~$22.2B in SpaceX ~$17B in projected net cash ~$6.4B in other spectrum assets ~$3B Boost mobile So ~$48.6B NAV Echostar is trading at ~100% discount to its balance sheet if this valuation rumor is true. What's crazy is that $SATS should be trading at a PREMIUM to net asset value. The closest publicly traded SpaceX proxy is DXYZ. It's a closed-end fund with about 50% of its assets in SpaceX. It trades at a whopping 270% premium. $3 for every $1 of SpaceX... Now you may be wondering why I’m projecting $SATS to have $17B in cash despite currently having $27B of debt, and the SpaceX and AT&T deals only offering around $30B cash. This is probably the biggest thing that investors don’t currently understand. The Echostar holding company isn’t responsible for paying off the debt of some of its subsidiaries like Dish Network and Hughes Network Systems. These account for around $14B of that debt. Echostar only needs to pay off $11.4B of its debt because its tied to its spectrum assets as collateral. Hence $17B in cash. It's worth noting that the deals aren't done yet + SpaceX $800B is a rumor. But the government wants these deals done and SpaceX will be worth $2-3T by 2030. So how can you not get in and buy discounted SpaceX stock through $SATS. Another reason $SATS will explode? 95% of Echostar's float is held by institutions. That remaining 5% will get attacked by retail once its figured out. At the time I'm making this thread $SATS jumped 10% Sunday night pre-market. That's +20% in 72 hours. The market is waking up but it's still very confused. Big thanks to @transhumanica who published the original thesis on Echostar being a SpaceX proxy. You MUST follow him as he was behind the $KRKNF Anduril proxy TOO. He's got some of the best research in the game and a must follow on this platform if you want real alpha. If you want to stay up to date with $SATS, I'm going to cover it more here Michael Sikand Will also discuss on my stream tmrw with WOLF I highly recommend you just watch my YouTube video as it's far more comprehensive than this thread.
13:58

SpaceX was just rumored to be worth $800B But retail investors are still locked out Unless you buy $SATS It's the next retail favorite: a SpaceX treasury play trading at a HUGE discount to NAV. Shoutout @transhumanica for being the first to call this 🧵🚀 You know Echostar ($SATS) as the OG telecom behind Dish Network. It was on death's doorstep but 3 blockbuster Spectrum deals changed everything. 1. $17B deal with SpaceX (half stock/half cash) 2. $23B spectrum sale to AT&T 3. Another $2.6B deal with SpaceX (all stock) These deals turned $SATS into a SpaceX proxy. It got $11.1B in SpaceX stock at a $400B valuation. If the $800B is true. $SATS is now sitting on $22.2B of SpaceX stock and tens of billions in cash and other assets. But its market cap was only $23B after the market close Friday (even after +10% pop) So what is $SATS actually worth? Well even if these rumors are false the math is: ~$11.1B in SpaceX ~$17B in projected net cash ~$6.4B in other spectrum assets ~$3B Boost mobile So ~$37.5B NAV. SATS popped 10% Friday because of the rumor and only closed at a $23B. Let's compute NAV with SpaceX worth $800B. ~$22.2B in SpaceX ~$17B in projected net cash ~$6.4B in other spectrum assets ~$3B Boost mobile So ~$48.6B NAV Echostar is trading at ~100% discount to its balance sheet if this valuation rumor is true. What's crazy is that $SATS should be trading at a PREMIUM to net asset value. The closest publicly traded SpaceX proxy is DXYZ. It's a closed-end fund with about 50% of its assets in SpaceX. It trades at a whopping 270% premium. $3 for every $1 of SpaceX... Now you may be wondering why I’m projecting $SATS to have $17B in cash despite currently having $27B of debt, and the SpaceX and AT&T deals only offering around $30B cash. This is probably the biggest thing that investors don’t currently understand. The Echostar holding company isn’t responsible for paying off the debt of some of its subsidiaries like Dish Network and Hughes Network Systems. These account for around $14B of that debt. Echostar only needs to pay off $11.4B of its debt because its tied to its spectrum assets as collateral. Hence $17B in cash. It's worth noting that the deals aren't done yet + SpaceX $800B is a rumor. But the government wants these deals done and SpaceX will be worth $2-3T by 2030. So how can you not get in and buy discounted SpaceX stock through $SATS. Another reason $SATS will explode? 95% of Echostar's float is held by institutions. That remaining 5% will get attacked by retail once its figured out. At the time I'm making this thread $SATS jumped 10% Sunday night pre-market. That's +20% in 72 hours. The market is waking up but it's still very confused. Big thanks to @transhumanica who published the original thesis on Echostar being a SpaceX proxy. You MUST follow him as he was behind the $KRKNF Anduril proxy TOO. He's got some of the best research in the game and a must follow on this platform if you want real alpha. If you want to stay up to date with $SATS, I'm going to cover it more here Michael Sikand Will also discuss on my stream tmrw with WOLF I highly recommend you just watch my YouTube video as it's far more comprehensive than this thread.

Michael Sikand

57,035 Aufrufe • vor 9 Monaten

🚨THE SPACEX IPO TRAP BEGINS ON DAY 15 $SPCX debuted June 12, closed around $161 (+19%), market cap north of $2T. Retail's hyped. Headlines everywhere. But the real play was never the price. It's the calendar. Nasdaq quietly rewrote its rules: the largest IPOs (top-40 by market cap) now enter the Nasdaq-100 after just 15 trading sessions — not the usual ~3 months. → SPCX lands in the index around early July → every fund that tracks it (QQQ + the rest) is then forced to buy, price-blind → analysts estimate $20B+ in automatic buying → all of it hitting a stock with a ~3–4% free float Low supply meets a wall of forced demand. THAT's "Day 15." That's where retail piles back in — right at the top of the forced buying. That's where the trap snaps shut. But the float is that thin for a reason: → ~96% is locked in insider hands → those lock-ups expire in tranches, quarter by quarter → supply drips back into the market exactly while retail is holding and hoping That's why the hyped ones rarely crash in a day. They bleed. Look at the charts 👇 Tesla's own IPO in 2010 popped, then drifted for weeks before it found a floor. And in 2020, when Tesla got force-fed into the S&P 500, index funds had to buy tens of billions — the run happened BEFORE inclusion, then it chopped for months. Same director. Same script. Bigger budget. I'll keep tracking how this plays out — before it gets obvious. Follow + turn on notifications (Not investment advice. Do your own research)
0:27

🚨THE SPACEX IPO TRAP BEGINS ON DAY 15 $SPCX debuted June 12, closed around $161 (+19%), market cap north of $2T. Retail's hyped. Headlines everywhere. But the real play was never the price. It's the calendar. Nasdaq quietly rewrote its rules: the largest IPOs (top-40 by market cap) now enter the Nasdaq-100 after just 15 trading sessions — not the usual ~3 months. → SPCX lands in the index around early July → every fund that tracks it (QQQ + the rest) is then forced to buy, price-blind → analysts estimate $20B+ in automatic buying → all of it hitting a stock with a ~3–4% free float Low supply meets a wall of forced demand. THAT's "Day 15." That's where retail piles back in — right at the top of the forced buying. That's where the trap snaps shut. But the float is that thin for a reason: → ~96% is locked in insider hands → those lock-ups expire in tranches, quarter by quarter → supply drips back into the market exactly while retail is holding and hoping That's why the hyped ones rarely crash in a day. They bleed. Look at the charts 👇 Tesla's own IPO in 2010 popped, then drifted for weeks before it found a floor. And in 2020, when Tesla got force-fed into the S&P 500, index funds had to buy tens of billions — the run happened BEFORE inclusion, then it chopped for months. Same director. Same script. Bigger budget. I'll keep tracking how this plays out — before it gets obvious. Follow + turn on notifications (Not investment advice. Do your own research)

Kirill

56,418 Aufrufe • vor 3 Monaten

.Shaun Maguire on what SpaceX employees are going to do with their new wealth from the SpaceX IPO: “There’s this meme that wives of tech billionaires go on to do NGOs and fund bad causes—SpaceX will be the literal opposite.” “These people are going to do the most amazing things with their money.” “Most people that joined SpaceX over 15 years ago—they did it for the mission. Because they love space, and want to build rockets. They want to work with their hands and want to keep America competitive in the space industry.” “It's self-selected. The people that were there early didn't think it would ever become this big of a company. They didn't do it to get rich. And they got rich very slowly, with very real skills and real experience of how much of the world is designed to take money and do bad things with it.” “This group of people—we're going to see more beautiful travertine sculptures in cities, just for public art.” “I think we're going to see a lot of physical whimsy out of the SpaceX crew.”
3:43

.Shaun Maguire on what SpaceX employees are going to do with their new wealth from the SpaceX IPO: “There’s this meme that wives of tech billionaires go on to do NGOs and fund bad causes—SpaceX will be the literal opposite.” “These people are going to do the most amazing things with their money.” “Most people that joined SpaceX over 15 years ago—they did it for the mission. Because they love space, and want to build rockets. They want to work with their hands and want to keep America competitive in the space industry.” “It's self-selected. The people that were there early didn't think it would ever become this big of a company. They didn't do it to get rich. And they got rich very slowly, with very real skills and real experience of how much of the world is designed to take money and do bad things with it.” “This group of people—we're going to see more beautiful travertine sculptures in cities, just for public art.” “I think we're going to see a lot of physical whimsy out of the SpaceX crew.”

sourcery

76,761 Aufrufe • vor 3 Monaten

Tomorrow a company that holds close to 5% of all ethereum is set to join the russell 1000. Once done, index funds that have never had an opinion on crypto will be forced to buy it. Nobody in those funds chose this, a benchmark rule did it for them 👇 ◢ How index inclusion actually works Getting added to a major index is one of the strongest demand events in markets, and it has nothing to do with whether the company is good. Funds that track the russell 1000 have to hold what the russell 1000 holds, or they stop tracking it. So, when a stock joins, every passive fund benchmarked to that index becomes a forced buyer, at whatever the price is, on the schedule the index sets. Passive vehicles tend to hold something like 20 to 25% of a large-cap stock, which for this one points to roughly $2B of buying that arrives because a rule says it must. ◢ The part that makes it crypto Bitmine is not a normal company that happens to get indexed, it's an ethereum treasury, sitting on millions of $ETH as its core balance sheet. So the chain runs like this: the index adds the stock, passive funds are forced to buy the stock, and the stock is essentially a wrapper around a giant pile of ETH. The result is that ordinary equity index money ends up with ethereum exposure without a single person deciding they wanted it. No ETF approval, allocation vote or opinion required. ◢ A side door, not a front door Everyone in crypto watches the spot ETF as the official entrance for institutional money, the thing that needs sign-off and gets headlines. Index inclusion is the entrance nobody guards. strategy walked a bitcoin treasury into the nasdaq 100. Coinbase took a crypto exchange into the s&p 500. now an ethereum treasury is stepping into the russell 1000. Each time, the underlying business didn't change. what changed is who was suddenly required to own it. ◢ Why front-running it is harder than it looks The mechanism is concrete, but the easy trade around it usually isn't. The inclusion isn't final until the reconstitution actually closes, so the flow is conditional, not guaranteed. The stock is already down around 50% on the year, which is a reminder that a one-time wave of buying doesn't repair something tied to ETH's price and to confidence in the treasury model. And there's a quieter problem: "diversified" index funds are now obligated to hold a leveraged, single-asset crypto bet that most of their investors would never have picked on purpose. What it means that the biggest new buyer of a crypto-linked company is a rule, not a person, and that millions of people now hold a slice of ethereum because an index told their fund to?
0:40

Tomorrow a company that holds close to 5% of all ethereum is set to join the russell 1000. Once done, index funds that have never had an opinion on crypto will be forced to buy it. Nobody in those funds chose this, a benchmark rule did it for them 👇 ◢ How index inclusion actually works Getting added to a major index is one of the strongest demand events in markets, and it has nothing to do with whether the company is good. Funds that track the russell 1000 have to hold what the russell 1000 holds, or they stop tracking it. So, when a stock joins, every passive fund benchmarked to that index becomes a forced buyer, at whatever the price is, on the schedule the index sets. Passive vehicles tend to hold something like 20 to 25% of a large-cap stock, which for this one points to roughly $2B of buying that arrives because a rule says it must. ◢ The part that makes it crypto Bitmine is not a normal company that happens to get indexed, it's an ethereum treasury, sitting on millions of $ETH as its core balance sheet. So the chain runs like this: the index adds the stock, passive funds are forced to buy the stock, and the stock is essentially a wrapper around a giant pile of ETH. The result is that ordinary equity index money ends up with ethereum exposure without a single person deciding they wanted it. No ETF approval, allocation vote or opinion required. ◢ A side door, not a front door Everyone in crypto watches the spot ETF as the official entrance for institutional money, the thing that needs sign-off and gets headlines. Index inclusion is the entrance nobody guards. strategy walked a bitcoin treasury into the nasdaq 100. Coinbase took a crypto exchange into the s&p 500. now an ethereum treasury is stepping into the russell 1000. Each time, the underlying business didn't change. what changed is who was suddenly required to own it. ◢ Why front-running it is harder than it looks The mechanism is concrete, but the easy trade around it usually isn't. The inclusion isn't final until the reconstitution actually closes, so the flow is conditional, not guaranteed. The stock is already down around 50% on the year, which is a reminder that a one-time wave of buying doesn't repair something tied to ETH's price and to confidence in the treasury model. And there's a quieter problem: "diversified" index funds are now obligated to hold a leveraged, single-asset crypto bet that most of their investors would never have picked on purpose. What it means that the biggest new buyer of a crypto-linked company is a rule, not a person, and that millions of people now hold a slice of ethereum because an index told their fund to?

Onur 🍌🦍

14,337 Aufrufe • vor 3 Monaten

At SpaceX, engineers are treated like elite athletes, and held to that standard. Ben Nowack (Ben Nowack ☀️🌎🪞) joined as a college freshman and absorbed it fast. He still quotes the way President Gwynne Shotwell framed it: “SpaceX engineers are the Navy SEALs of engineering, the professional athletes of the field.” Ben doesn't think that bar is unique to rockets. In this clip, the standard he carried out of SpaceX and into Reflect Orbital, and why he believes any company can run that way.
3:01

At SpaceX, engineers are treated like elite athletes, and held to that standard. Ben Nowack (Ben Nowack ☀️🌎🪞) joined as a college freshman and absorbed it fast. He still quotes the way President Gwynne Shotwell framed it: “SpaceX engineers are the Navy SEALs of engineering, the professional athletes of the field.” Ben doesn't think that bar is unique to rockets. In this clip, the standard he carried out of SpaceX and into Reflect Orbital, and why he believes any company can run that way.

Chris Powers

149,421 Aufrufe • vor 3 Monaten