#SPCXUSDTBINANCE Long on SPCX!!!
The opening price was around 200. After the official trading today, the actual movement aligned closely with expectations—gapped up, significant turnover, but no extreme short squeeze.
Let's talk about the current situation
SpaceX's IPO price is $135, with a first-day gap up of about 29%. The ultra-low float of 4.3% is the core logic—there's a scarcity of shares in circulation, but over $150 billion globally is chasing, creating a supply-demand imbalance that will support the price. Polymarket predicts a 69% chance of a first-day market cap exceeding $2 trillion, translating to a stock price above 150.
Long strategy (two approaches)
Approach One: Buy on dip confirmation (conservative)
If the price dips to the 155-165 range with reduced volume and stabilizes, you can enter a small position long. This range reflects a 15%-22% premium over the IPO pricing of 135, which is a reasonable "scarcity pricing" area.
Entry: 155-165 in batches
Stop-loss: 145
Target: 190 → 210
Logic: Institutional accumulation zone + passive index funds buying later
SPCX is driven by "scarcity + narrative", not traditional value investment. My strategy is to place limit orders to go long at 155-165, and I won't chase if it doesn't hit. If it gets there, I'll test a small position, stop-loss at 145, first target at 190.
If it directly rallies above 200, I’ll pass and not chase. Better to miss out than to make a mistake.
Position size should be kept within 5% of total capital.