u/SlightlyMoistViking

SPCE’s market cap is a fraction of prior meme squeezes (e.g., BB at $2.5B in 2021), and Friday’s volume hit 170M shares purely on meme hype. This low float makes the stock extremely sensitive to buying pressure; the SpaceX IPO confusion (SPCE vs SPCX) may trigger a cascade of retail buying as traders anticipate others buying. Short-term momentum play betting on continued retail frenzy into next week, not on fundamentals. The gamma window for options has passed (next window a month away per comments); pump-and-dump risk is high — the stock could reverse sharply by Tuesday as earlier buyers take profits.