SpaceX just became the first private company in history you can trade like a stock and most traders haven’t noticed yet.
Markets XYZ listed SPCX as a live Up/Down contract at $197.58.
The market currently sits 29.1% UP vs 70.9% DOWN.
The interesting part isn’t SpaceX. It’s that pre-IPO companies are finally accessible to anyone with $20.
Market :
For 20 years, the only people who could touch SpaceX were accredited investors with access to private secondaries. That moat just collapsed.
Stripe, OpenAI, Anthropic, Databricks every locked-up unicorn becomes a directional position the moment this format scales.
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SpaceX is pushing banks for one of the lowest IPO fee rates ever.
The company is negotiating to pay less than 0.75% on its planned $75B IPO, though banks could still collect roughly $500M in fees.
Goldman and Morgan Stanley are reportedly set to take the largest share of the fee pool, with 21 other brokers involved.
That is far below the typical IPO underwriting fee range of 4%-7%, and even low versus other mega-IPOs:
GM 2010: $15.8B raise, 0.75% fee
Facebook 2012: $16B raise, 1.1%
Alibaba 2014: $25B raise, 1.2%
Uber 2019: $8B raise, 1.3%
Visa 2008: $17.9B raise, 2.8%
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THIS GUY RUNS 6 CLAUDE + CODEX TERMINALS AND MAKES $20K/MONTH LIVESTREAMING
He burns through 3x Claude Max + Codex, runs 6-7 terminals simultaneously, and turns $200/month in tokens into a $20K business all in front of a live audience.
But $2,400 a year on tokens and half of it is probably just burning for nothing.
Save this and read the article below so you don’t make the same mistakes.
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