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The creator advises against buying SpaceX at its current IPO price of $185, citing historical IPO patterns...

Jun 23, 2026

The creator advises against buying SpaceX at its current IPO price of $185, citing historical IPO patterns and the performance of other recent IPOs like Figma and Cerebras. They predict a potential 40% crash in SpaceX's stock, which would present a buying opportunity for them.

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Tickers discussed in this post

CERSNeutralLow ConvictionSignal-backedSecondary

Cerebras Systems is mentioned as another recent IPO that is down 40%.

FIGNeutralLow ConvictionSignal-backedSecondary

Figma is mentioned as an example of a recent IPO that crashed 80% from its all-time highs.

SPCXBearishHigh ConvictionSignal-backedPrimary

The creator is not buying SpaceX at $185, predicting a 40% crash which would be their entry point.

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Tracked calls opened from this post

SPCX
sell opened Jun 23, 2026
+7.06%