The most interesting SpaceX trade might not be SpaceX.

Maybe I’m wrong, but I wonder if everyone is so focused on SpaceX that they’re missing the opportunity around it. SpaceX is expected to attract around $75 billion in what could become one of the largest IPOs in history. If that happens, it’s hard to imagine all of that demand coming from fresh money alone. What interests me more is what happens to the stocks investors might sell to free up capital. If names like NVDA, TSLA, PLTR and other popular holdings come under pressure because of capital rotation rather than a change in fundamentals, those could end up being the more interesting opportunities once the initial SpaceX hype fades. Just thinking out loud. Is anyone else looking at the potential post-IPO rotation rather than the IPO itself?