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Is it a good thing or a trap? SPCX is actually betting on a "super consensus"
Everyone now believes one thing:
👉 SpaceX will definitely IPO, and the valuation will be higher.
This is SPCX's core gamble.
But the most dangerous moment in the market is when "the consensus is too uniform."
Because once:
* IPO is delayed
* Valuation is lowered
* Market risk appetite decreases
SPCX's price will crash first, not slowly decline.
Even more harshly:
It's not stocks, it has no "fundamentals backing it."
It only has:
👉 Consensus
Collapse of consensus = collapse of price
Someone on Reddit said very realistically:
"retail might just be exit liquidity"
Although a bit exaggerated, the logic is sound.
Conclusion:
SPCX is not about watching SpaceX,
but about whether — the market believes in SpaceX. #GatePreIPOs首发SpaceX