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InsightBLOGJune 10, 20261 min read
SpaceX IPO Looks Wobbly & Early Unlocked Selling Could Dampen the Passive Squeeze
By bradmunchen
Primary Source Material
Published via substack_bradmunchen
The IPO is only 3.3x oversubscribed as of yesterday, with books closing after today's market close. Things look wobbly, but there's a lot of financial engineering that went into this.
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