the biggest IPO in history is floating 3 to 5% of the company today, and that scarcity is the entire trade:
"what are you going to do with a three percent float? it's just going to go up."
$SPCX
Video
Author @modernmarket_ argues that the record-sized IPO for $SPCX is listing only 3–5% of the company today, and that this severe float scarcity is the core trade rationale: with so little available supply, the poster claims the price is likely to rise, summarizing the thesis as "what are you going to do with a three percent float? it's just going to go up."
Author @modernmarket_ says the largest IPO in history is floating only 3–5% of its shares today, creating extreme supply scarcity.
the biggest IPO in history is floating 3 to 5% of the company today, and that scarcity is the entire trade:
"what are you going to do with a three percent float? it's just going to go up."
$SPCX
Video