SpaceX IPO: What They Aren't Telling You

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SpaceX is all anyone is talking about. Chris Graebe says retail investors need to slow down before they get hurt.

His read: the real money on the SpaceX IPO was made years ago by institutional investors and angels who wrote checks when the valuation was a fraction of what it is today. By the time the IPO hits, those early holders are the ones riding it to the finish line. Retail investors flooding in on listing day are likely buying the top of the hype, not the beginning of the run.

He also flags a wave of online schemes targeting SpaceX excitement, including tokenized coins claiming fractional ownership of insider shares, and warns investors to treat anything promising SpaceX access right now with serious skepticism.

The bigger point is about access. Until 2016 and the JOBS Act, everyday investors were locked out of private rounds entirely. The 1,000x returns on Uber, Dropbox, and companies like them went exclusively to institutional money and accredited investors with the right connections. That has changed, and Graebe has spent the last several years showing his members how to use it.

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