Morgan Brennanyoutube
SPCXSpaceX's valuation gets pushed up as index funds are forced to buy a tiny 3-5% float, with mechanical demand swamping available shares right after listing.
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SSPCXLONG
SpaceX's valuation gets pushed up as index funds are forced to buy a tiny 3-5% float, with mechanical demand swamping available shares right after listing.
$155.72
+4.05%SourceShould You Buy Space X? | IPO Special
“because of the small float, you're gonna have a lot of passive investors and funds, et cetera, that are gonna be forced to buy shares of SpaceX here... there's the very real possibility that you're gonna see the stock and the valuation move higher because there's going to be more demand than supply in the market”