#SpaceX认购规模超2500亿美元

SpaceX's IPO is undoubtedly the most anticipated market event of 2026, but before investing, there are several key rational considerations worth thinking about.

🚨 Risks that must be acknowledged:

1. Allocation Uncertainty — This is an "intent to subscribe," not a guaranteed IPO allocation. You may receive a full allocation, a partial one, or none at all, depending on the actual IPO quotas Gate receives and the overall oversubscription ratio. According to market reports, this IPO has attracted investor demand exceeding $250 billion, with an oversubscription rate of about 3.5 to 4 times the planned issuance, making competition very fierce.
2. Valuation Disputes — SpaceX's IPO valuation is estimated between $1.77 trillion and $2 trillion, but Morningstar analysts believe a fair value is around $780 billion, and a valuation expert has predicted about $1.3 trillion. The AI business is still in the investment phase, with a net loss of $17.7k in the first quarter of 2026, so the high valuation faces short-term pressure.
3. Volatility on the First Day — Only about 4.2% of shares are circulating after listing, with highly concentrated holdings, so the first-day price could fluctuate significantly. Whether to cash out immediately after allocation or hold long-term should be carefully strategized in advance.

💡 Opportunities Worth Noting:

· The threshold for retail participation is unprecedentedly low, with just 100 USDT needed to participate, truly achieving "capital equality."
· Shares allocated can be traded on Gate's stock section on the same day, without the lock-up restrictions common in traditional IPOs.
· Starship V3 has just completed milestone test flights; future NASA lunar contracts, Starlink expansion, and space AI computing power are all long-term catalysts worth tracking.

📌 Personal Strategy: Participate with an amount within your budget that does not affect your daily life, neither relying on nor depending on it. After allocation, choose the right time to partially take profits, and keep some for long-term holding, witnessing the vast universe of commercial spaceflight.

The market rewards the brave, but favors cautious decision-makers even more. Invest rationally and witness history together!