Neil Freiman

It's going to be fascinating to see what happens when the bell rings at 9.30 a.m., whether it pops or fizzles.

But I just want to make it clear, this is not the last word.

This is not the last referendum on SpaceX.

Whatever happens today, as interesting as it's going to be, I mean, back in 2012, Facebook had a...

Very famously floppy IPO crashed and burned on its first couple weeks of trading.

Things were glitching everywhere.

And now it's worth, you know, a couple trillion dollars.

So this is we'll have to see what happens in the weeks, months, years ahead for SpaceX.

But for right now, a truly historic day.

Can't wait for 930.

But yeah, unfortunately, we investors can't just type in Rosebud to our portfolios and get an infinite money glitch like you did in the Sims.

So you have to trim some of your stakes elsewhere to make money or to acquire money that you can invest in SpaceX or not to mention there's two other huge IPOs coming down the line in Anthropic and OpenAI.

And one asset class that seems to be very hard hit by people trimming their portfolios to clear out some space for SpaceX and Anthropic and OpenAI is

is Bitcoin.

Now, if you haven't been paying attention to Bitcoin, I don't blame you, but it is down 50% from its all-time high back in October.

Right now, it's trading at about $63,000.

Last week, it fell 15%.

Maybe that's not a coincidence, but that was the most since FTX imploded in November 2022.

So Bitcoin is in the dumps.

Another tech stocks are in the dumps, perhaps because of this SpaceX effect.