Elon engineered tiny float, retail pump allocation, and fast-track Nasdaq-100 entry so index funds buy the spike.
Insiders get early unlock windows to dump while 401ks chase the top. Their own S-1 shows $28.5 trillion TAM but only $2 trillion real space business.
Rest is wild enterprise AI bets bigger than OpenAI and Google combined. Tech money already rotating out of hardware into software plays.
This bubble smells like classic greater fool exit.
Retail about to get left holding the bag again.
How Elon has "engineered" the SpaceX IPO to benefit insiders…
byu/w_anon instocks
93% of SpaceX’s estimated TAM is not space
byu/aft3rthought instocks