SPCX
The SPAC and New Issue ETF
stock NASDAQ

E*trade accepting SPCX COB’s!

Queued my SPCX orders in SoFi and Robinhood. Interesting that the default Robinhood option was a price option within 20% of IPO price.
https://preview.redd.it/z3ytslzei95h1.jpeg?width=1080&format=pjpg&auto=webp&s=eb3080fd2ef41b0151bcb6a77af433e27833613e

SPCX is going public allocating 30% of shares to retail whereas Cerebras was probably around 5%.
30% may still not be enough, but it's definitely possible to get in at IPO prices.
Sofi just opened a page to indicate interest for IPO shares
https://preview.redd.it/6goatwe5995h1.jpeg?width=1320&format=pjpg&auto=webp&s=e11feb4573766cf4b825c53d0eed26a0198853b6

I don’t think I would write $200+ strike puts, unless the premium is so huge that B/E is below $135. If it opens extremely high and $100-$150 strike puts aren’t available yet, I would probably try to patiently wait until they come out and see where the stonk ends up. Jan.2028 $50 puts could also be a really nice vega play if those are released soon enough. And in crazy volatility, way OTM LEAP puts often hang onto a lot of value as the stock goes up. We might even see days where the stock goes up and LEAP puts actually go up because of the volatility.
I see the appeal in shares + CCs. Of course, shares + CCs are equivalent to writing puts, so I think we’re both essentially hoping to make more or less the same SPCX play if we can around $135.

It absolutely is not… the SpaceX IPO is SPCX

Everyone’s talking about $SPCE but nobody’s talking about $SPXC, which just so happens to have the same letters as $SPCX

**Broadcom AVGO The AI Infrastructure Enabler, the** "arms dealer" for AI hardware, working alongside NVDA in building **custom, tailored AI processors** (ASICs) for tech giants like Google and Meta, is getting smoked after earnings tonight. Into the 420s after closing at 479
**CrowdStrike CRWD The AI Cybersecurity Darling also plunged after results into 650s after closing at 747.**
**Is this multi month run finally over or just an excuse to trim, making room for the $1.75 trillion SPCX IPO?**

Elon Musk’s SpaceX is planning to set a fixed price of $135 per share ahead of officially marketing its initial public offering, the company said in a filing with the Securities and Exchange Commission on Wednesday.
SpaceX said it plans to sell 555.6 million shares, which would amount to a $75 billion fundraise.
Typically, at this stage of the process, new issuers will offer a price range that allows a company and its advisers to gauge demand sensitivity at different levels. In this case, SpaceX took a more unique approach after a slew of testing-the-waters meetings leading up to the roadshow launch.
At the $135 per share price tag, SpaceX would be valued at $1.77 trillion, which assumes the EchoStar spectrum and Cursor transactions close. The valuation would make SpaceX the seventh-biggest company in the U.S. by market cap, and put it above Tesla, which is valued at about $1.6 trillion.
Musk’s company is planning to debut at the Nasdaq on June 12.
SpaceX, which will go public under the ticker symbol SPCX, is set to be the biggest IPO ever, more than triple the size of Alibaba, which is the largest U.S. IPO to date.
The hotly anticipated debut also comes as AI companies Anthropic and OpenAI are racing to go public.
Anthropic got out ahead of its primary rival on Monday when it confidentially filed its IPO prospectus with the Securities and Exchange Commission. OpenAI is preparing to file its confidential IPO prospectus in the coming weeks, CNBC previously reported.
SpaceX filed its prospectus with the SEC late last month, revealing billions in losses and Musk’s massive ownership. It submitted an amended filing on Monday that showed SpaceX plans to reserve up to 5% of stock in its IPO for purchase by “certain employees and persons” in a direct share program.
As SpaceX heads toward the public market, chatter is building that Musk’s ultimate goal is to combine the company with Tesla, CNBC previously reported.
Musk has discussed with colleagues the possibility of folding the companies together, and a current Tesla employee told CNBC that the topic is openly discussed internally. Tesla and SpaceX have also spent years pooling resources and sharing personnel.

Source: [https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html](https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html)

Look, I am regarded cause I just look at numbers and sentiment, but things look bleak.
https://preview.redd.it/x6a9u2jku35h1.png?width=1033&format=png&auto=webp&s=29bc249269b1b75396072f2ab0b4912602de22a1
[](https://preview.redd.it/virgin-galactic-spce-t-9-days-to-iv-collapse-of-spacex-ipo-v0-qr4jj3nvt35h1.png?width=1033&format=png&auto=webp&s=d17c095a97a69041807be60272fa5e39d7654034)
Activity absolutely dead below the critical $5 strike - remember the 5/6/7 were the critical MM strikes and the longer they're OTM, these bastards are now net seller likely.
The only thing providing $4 support as I noted is the puts buildup at the $4 and notably the $2 strike - this is the "fair market value" of this Branson toy company before the spice/name mixup.
Support also appears to be provided potentially by bag holders trying to DCA into these OTM strikes - that's just throwing good money after bad.
I'd get out before the SPCX IPO 6/12 to avoid full IV collapse (long calls and puts).

With the share dilution today, it is a good time to add to $GOOGL in your core sleeve.
1. TSLA and the upcoming SPCX is shit show in hyping and financial gimmicky
2. META fucked up by hiring Yan LeCunn and has likely miss the AI supertrain
3. MSFT is a boring enterprise software play - it's Microsoft Windows with a non-visionary CEO.
4. AAPL remains an smartphone company after decades on the market and no innovation. Completely missed the AI train.
5. NVDA is overbrought facing diminishing market share from open-sourced competitors AMD and ASICS AVGO.
GOOGL has the valuable data (YouTube, Gmail), AI talent (Gemini), and a bunch of other optionality (self driving car, quantum computing), they will likely hit $10T by the end of the decade.