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BlockBeats News, June 12th, today's US stock market will welcome the largest IPO in history, SpaceX. Before the listing, SpaceX's sky-high valuation has become the focus of market discussion. However, as a medium- to long-term investor, there are still two key milestones to pay attention to after SpaceX goes public:
Around 15 trading days after the IPO, around July 6-7: NASDAQ's new fast entry rule designed specifically for ultra-large market cap new stocks will assess whether SpaceX meets the inclusion criteria. If smoothly included in the NASDAQ 100 Index, passive funds of $80-180 billion will flow into SpaceX;
In early to mid-August, around August 11th: It is expected that SpaceX will release its Q2 financial report at that time. 48 hours after the earnings call, the stock will face its first major lock-up expiration, with about 10-15% of real selling pressure emerging. Heavy selling pressure may emerge before and after a large lock-up expiration, but if demand is strong and absorption capacity is robust, the stock price may be able to withstand the selling pressure.
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