Brayden Dennis

And the question really is, once those lockup periods start opening up,

They start expiring.

You have probably the IPOs of OpenAI and Antropic around the same time period.

They're speculating that it could come in the fall, even as soon as September.

That could put a lot of pressure on the shares of SpaceX.

So I'm not overly surprised on the reaction right now.

That was always what I was thinking is short term.

You could definitely see a pretty significant pop, but it's where the medium term, I think, where my concerns are.

Yeah, it's probably a larger buyer.

That's why.

So they probably have a bit more flexibility than a Wealthsimple.

Exactly.

So they probably just don't want to...

lack of better word piss off the you know the underwriters like the hand that feeds yeah yeah exactly by the hand that feeds them but it also puts retail investors in the crossfire so it's just something to be aware obviously if you're buying them now as you're listening to this you can do what you want if you want to trade them you know have at it that's your money i mean it's it's going to be volatile that is one thing that's for sure but i think you'll really start seeing the selling pressure once the lockup periods start happening now enough about spacex

Let's move on here to quite a few acquisitions that happened on Monday.

There was even a chemical one in the US that was pretty significant that I won't be talking about.

But the first one is Fox buying Roku.

So that values the offer at around $22 billion.

And the offer was at a price of $160 per share in a combination of cash and stock.

For those looking at the stock here, I was doing my notes earlier this morning.