SPACEX COULD BECOME THE BIGGEST EXIT LIQUIDITY EVENT IN MARKET HISTORY.



And the data backs it.

Most of the biggest IPOs of the last 15 years eventually crashed hard after listing.

• Robinhood: -90%
• Rivian: -88%
• Lyft: -79%
• Uber: -68%
• Palantir: -53%
• Coinbase: -57%
• Snap: -56%
• Twitter: -58%
• Facebook: -54%

The median max drawdown across major IPOs was around -54% within 1 year.

And these were not small companies.

Most of them were industry leaders, heavily hyped by media, backed by top institutions, and considered “must own” stocks before listing.

Now look at SpaceX.

The company is reportedly targeting a valuation of around $1.75-$2 TRILLION.

That would instantly make it one of the largest companies in the world.

At the same time:
• Retail demand is extremely high
• The IPO float may stay very small
• And early investors are sitting on massive gains from private rounds.

This is the exact setup where IPO prices can disconnect from fundamentals very quickly.

History shows retail investors usually enter during peak excitement while early investors slowly get liquidity after listing.

Facebook became a great business long term. Still, its stock max drawdown within a year was 54%.

Coinbase became one of the largest crypto companies in the world. Still, its stock max drawdown within a year was 57%.

A successful company does not always mean it'll go up only after IPO.

That is the part retail investors usually ignore during highly hyped listings and become the exit liquidity.

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