SpaceX: The Biggest Exit Liquidity in History

By MARMOT

SpaceX is up 70% from IPO.

Everyone is FOMOing hard.

But almost nobody is talking about the real reason.

Only 4% of shares are available to the public.

So they can paint any price they want.

The playbook never changes:

Hold 96% in your pocket.
Drop a few crumbs into the market.
Pull the chart wherever you want.

But now it’s wrapped as “the biggest IPO in history.”

And Wall Street has already found their FORCED buyers.

On June 13, SPCX was rushed into the MSCI indices.

This means every passive fund worldwide is now obligated to buy it.

Not because they believe in Elon Musk.

Because that’s how the system works:

If it’s in the index, you must buy it.

We’re talking about $15–20 trillion in passive funds.

Massive forced demand + tiny float = perfect pump.

But the lock-ups are coming:

August: first 20% unlock
November: another big wave
Day 180: everything unlocked

In other words, early investors will exit in 1–2 months, not in 6 months like most people think.

And who will they sell to?

Retail and those funds that were just forced into the stock.

No one is arguing that SpaceX isn’t a real company with a real future.

Moon bases, Mars, orbital data centers: all of this might happen.

But not anytime soon.

Right now, something else is happening.

The US stock market is going through a wild overvaluation of everything.

SpaceX is just the biggest example.

They are selling a dream about space today, at a price that won’t make sense for another 15 to 20 years.

And as always, the crowd will buy the top just to fund the exit.

Remember, I’ve called every major turn for the last 10 years, including short BTC from $111K in October.

My next call will be the biggest one this cycle.

Turn on notifications. Most people will follow me too late.

 

Original source: https://x.com/Web3Marmot/status/2066952076140142713