A catalyst this size doesn’t come around all the time… In three days, the biggest IPO in history hits the market.
SpaceX goes public on June 12.
Elon Musk’s rocket company is currently set to price at $135 per share, with a valuation north of $1.7 trillion.
That’s not a typo.
It will be the seventh-largest company in America… on day one.
The entire market is about to fixate on this stock.
And when the market fixates on one thing, volatility follows. Volatility is where I make my living.
I’m not here to tell you to buy the IPO. I don’t “buy” stocks, and I can’t trade options on SpaceX for at least a week after it goes public. IPOs don’t allow options trades at first.
Instead, I’m interested in adjacent stocks that move with the same volatility.
Get ready for the biggest catalyst of the year…
A Listing the Market Has Never Seen
SpaceX just set a fixed price of $135 per share. It plans to sell roughly 555.6 million shares and raise about $75 billion.
That $75 billion raise shatters the old record. Saudi Aramco held the crown previously with a $29 billion offering back in 2019. SpaceX nearly triples that.
At a $1.77 trillion valuation, SpaceX would rank as the seventh-biggest company in the United States, sitting above Tesla’s roughly $1.6 trillion market cap.
Shares will officially price after the market closes on June 11. And the first trade prints on June 12, on the Nasdaq under the ticker SPCX.
We’re three days away…
Focus on the Volatility
IPOs are the first time the market gets to publicly vote on a company’s value.
Up to that point, the price was set behind closed doors by a handful of banks and private investors. On June 12, millions of traders will pile in at once…
- Optimistic longs buy.
- Pessimistic shorts sell.
- And the price whips back and forth while the two sides fight it out.
Now consider a $1.77 trillion debut on top of that, the largest IPO the market has ever had to digest… these price swings will turn extremely violent.
And that ensures huge opportunities for traders.
Remember, short-dated options contracts can spike exponentially compared to the stock’s real move. A 6% gain in the actual share price can turn into a triple-digit move with the right options contract…
When stocks make large percent moves, it translates to larger options trades.
This Window Closes on June 12
SpaceX can only go public once.
The anticipation is building right now, in the days before the listing. The volatility is already creeping into names tied to this story.
Those who wait until the stock actually starts trading are giving away at least 50% of this opportunity.
A clean shot at a catalyst this size might not come around again for years.
That’s why the prep work has to happen now, not on June 12 when the price is bouncing around and your hands are shaking from excitement/stress.
The Move to Make Before the Bell
My friend, Tim Sykes has traded through 25 years of manias like this one.
And he’s holding an urgent pre-IPO briefing on Wednesday, June 10 at 8 P.M. ET.
That’s 48 hours before SpaceX lists.
There’s a unique money move to make before the biggest IPO in history, and the time to make it is before June 12, not after.
During the briefing, Tim will lay out the entire setup:
A free supernova trade idea you can use to target this volatility before the SpaceX IPO.
Tim’s past supernova plays have peaked at 153%, 260%, 303%… and even higher.* Plus, those moves were independent of the biggest catalyst in the market…
I trade volatility for a living, and I’ve already circled June 10 on my own calendar.
Something big is coming, and I plan to have a hand in it.
RESERVE YOUR FREE SPOT FOR JUNE 10
We’re three days away from the IPO. The smartest thing you can do is get in the live room while there’s still time.
I’ll see you there!
Stay Street Smart,
Jeff Zananiri
*Past performance does not indicate future results, Not typical.
