#Gate直通IPO认购SpaceX

"Quick hands, no hands, no gain," Gate's listing of SpaceX stock IPO subscription is once again trending wildly! As of the time Little Wealthy was writing this, the total subscription amount has already reached 122 million dollars. I also participated in the subscription with 450 USD, experiencing the fun of IPOing US stocks, and also becoming a SpaceX shareholder. I hope 🐎 dad can turn my few thousand yuan into a Tesla by the end of the year. The entire subscription experience was very smooth, so I give it a "bang":

1. Low threshold participation

This time, Gate's subscription method lowered the participation barrier for ordinary investors. You don't need large funds or complex qualification reviews like traditional IPOs; participation is possible with as little as 100 USD, giving small investors like Little Wealthy a chance to be part of this historic largest IPO project. Just thinking about it makes me proud for a while.

2. Convenient subscription experience

Avoids the complicated process of traditional stock IPOs. Just visit the subscription page (https://www.gate.com/zh/ipos/13), ensure your account has sufficient funds, enter the subscription amount, and you can successfully subscribe.

Subscription notes

1. First, the old chestnut—complete KYC verification, which everyone should already know.

2. The current price of 135 USD is an indicative price; the actual subscription price may fluctuate. The final pricing depends on market demand, valuation, and book-building results. The displayed price during the subscription period is a reference range. If the final price fluctuates within 20% of the reference price, allocation will be automatically completed for you; if it exceeds 20%, a secondary confirmation process will be initiated.

3. Funds unfreezing time: Funds for intended stock subscriptions will be locked, and corresponding assets will be automatically frozen by the system. During this period, trading, transfers, or withdrawals are not allowed. After the subscription ends, the actual number of project stocks obtained will be deducted from the user's participation funds, and the remaining funds will be returned. If the actual stock amount received is less than the invested amount, the remaining funds will be unlocked and automatically returned to your spot account after distribution.

SpaceX prospects and opening market analysis

Finally, let's talk about SpaceX's opening price and stock price trend prospects. Currently, the project has attracted over $250 billion in investor subscription interest, far exceeding the planned fundraising of $75 billion. The oversubscription multiple is 3.5-4 times, which can also be seen from the popularity of our Gate subscription. Therefore, I expect the final price will also rise significantly, likely surpassing $150, and there is a high probability of a strong opening. However, based on past experience with "giant" US stock listings, after a high open, the price may decline and then rebound, consolidating at a lower level for a while before rising again. For long-term stock prices, Little Wealthy still expects oscillating upward movement, for these reasons:

1. If Starship test flights go smoothly, Starlink enterprise user growth accelerates, and the space AI business clearly commercializes, the stock price may increase 40%-60% within 90 days after listing compared to the IPO price. If the market space fully opens in the future, Wall Street analysts' highest bullish target is $330 per share, more than doubling the IPO price of $135.

2. Starlink has strong cash-generating ability, with revenue of $11.4 billion in 2025 (+50% YoY), an operating profit margin of 39%, covering 164 countries and 10.3 million users, remaining a valuation cornerstone. Additionally, launch costs have a cliff-like barrier; Falcon 9's reusability costs are 68% lower than peers, monopolizing nearly 70% of payload transport in low Earth orbit, with a gross margin of 79%.

3. Due to SpaceX's large scale, it can be quickly included in the Nasdaq 100 index within 15 trading days after listing. Passive funds tracking the index will buy passively, bringing certain incremental demand and further pushing up the stock price.

4. Currently, the US stock market is in the deep water zone of the AI tech bull market. After a previous adjustment, the AI sector and Nasdaq index are expected to rise again. SpaceX may leverage this trend to go higher.

Our response strategies:

1. For family members who participated in the SpaceX subscription, just wait for the opening. If it opens high, you can reduce your holdings to realize some gains and prevent a potential pullback.

2. For those who did not participate, I just want to say, click the link above to subscribe! If you ultimately do not get SpaceX stocks, you can buy some aerospace sector stocks in the US market and ride the wave of SpaceX's rise.

Family members, have you subscribed to SpaceX? What do you expect the opening price to be? Leave your UID in the comments to guess, and the closest one will win 1 USD. Just for fun, to celebrate this historic largest IPO, I wish everyone prosperity every day!