I’m not really worried about SPCX in the premarket since that's super risky trading. What I'm interested in is how things look after the IPO wraps up and SPCX starts trading on the US stock exchanges.
What’s your take on SPCXUSDT? Sure, it’s available in the premarket, but is it worth the gamble? I’d rather wait to see how it performs once it hits the exchanges.
Premarket trading can be really risky. What do you guys think?
If I have the money to spare with, I'll take the risk.
We know whoever gets first has the bigger chance to profit in these premarkets or presales.
But as of now, I can't buy any of it and there's no spare for me to do with. So it differs per investor, if you're able to have some losses as you get into the first weeks, you can do it but bear with risk and potential loss.
If the SPCX token that you mean is an SPV token, the risk is high. The company behind it may acquire real stock at higher premium, token price may tank. Moreover, most SPCXUSDT pair in big exchanges are just perceived value and price exposure, backed by nothing.
You should wait for real RWA token that will probably be issued by some RWA company to the blockchain after the IPO.
Pre-IPO markets are a way to get early price discovery. The current implied valuation of SpaceX on Hyperliquid is close to what the company is targeting. There are very high expectations for the IPO and it could end up disappointing, so there is an amount of risk, but there is also an option to short. As the date of the IPO gets closer, we may receive new information and traders can act accordingly. Once it launches, you can also buy the real stock to further manage your positions risk.
According to what I found out, the SPCX pre-sale price is not disclosed in the public, this will make those that are trading it in the premarket to be risking their money.
Trading is precariously risky, to short an IPO like SPCX is more precariously risky but it will be good if the price first fall so that people can have the chance to buy it before rising.
That's a risky one.
Although it's all about trusting Space X for that and whatever is the price that they'll launch it for. I guess that many have been waiting for that.
And no matter what the price is, they're going to buy it because of its name and the reputation of the company itself.
It's hard to call this as worthy to take. SPCX is so overpriced and its valuation is just too high. It's a company that generates revenue, but being valued trillion sounds non sensycal. I'd rather buy the AI hype instead of rocket hype. I also decide to avoid this cuz i believe it will be dropping like a stone days after the launch.
However, does it has potential to grow? it has, but we have to be a diamond hand in so many hard period before we will see a big grow that may happen to the SPCX.
I think it's not worth with the risk because it svaluation. No reason to FOMO it when we will have chance to buy at the bottom when insiders will dump their SPCX to retail.
In short, it's a scam. There's no legal basis for you to own any actual tokens, and it could end up being worth less than the real share value (if it doesn't end up being an exit scam).