The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
As in 15 days.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
Yeah, it is 15 days after SpaceX's IPO next month.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
They'll join the NASDAQ 100.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
NASDAQ actually changed the rules just for SpaceX to join early.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
So on day 15, somewhere around late June, index funds will be required to buy SpaceX in order to replicate the makeup of the NASDAQ 100.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
So if you own SpaceX stock on day 15 after the IPO, billions of dollars of funds will be fighting to buy your shares.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
The stock will probably rise.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
But after that, Nick, after day 15, owning SpaceX stock is putting your full faith in one man, Elon Musk.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
After day 15, SpaceX stock is basically an Elon trading card.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
After day 15, if you own SpaceX, you're ignoring the $41 billion of cumulative losses that
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
since SpaceX was founded in 2002.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
You're ignoring the risk, the competition, and believing in Elon Musk's story instead.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
So there's two reasons to own SpaceX long-term.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
One, if you just love Elon Musk and want the equivalent of his financial trading card.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
Or if you think enough other people love Elon that much that the stock will continue to defy markets indefinitely, just like Tesla has.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
So short-term, the stock looks great because of the 15-day NASDAQ index inclusion moment.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
But long-term besties, SpaceX's stock is an Elon Musk trading card.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
For our second story, Victoria's Secret is updating its ticker symbol to VSXY, a symbolic exit from the cultural penalty box.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
And to beat Kim Kardashian, Sidney Sweeney, and Rihanna, Vicky's got something they don't.
The Best One Yet
👽 “Martian City” — SpaceX’s IPO filing. Victoria’s “VSXY” Secret. Fed Prez Interview. +Hamptons Egg Summer
dressing rooms.