VIX will go up closer to SpaceX June IPO, whats the best play?

Hey folks, I come before you as a broke engineering student who is 100% convinced space is the future in the short and long term. If I had money I'd have a ''diverse'' portfolio of space companies like (redacted), RKLB, MDA and a bunch of others as well as the UFO ETF. Problem is that I don't have enough money to make diversification worthwhile. So I was looking for a cheap space play. Luckily, SpaceX IPO is due mid June, and I think I may have a decent play. Remember VIX? I haven't seen a peep about it since god knows when. Here's where its at right now [As of May 22, 2026](https://preview.redd.it/wkgcp0ksup2h1.png?width=1203&format=png&auto=webp&s=ae7f4d0a503ee345f047595dbe5b1f9929f6c0f5) It being this low is actually surprising, because i would have thought the wars in ukraine and Iran would have it at least in the twenties. I reckon the SpaceX IPO is going to be like snorting a line of coke the length of an elephants dick. I think the entire space sector will be impacted and people will throw themselves on this stock like coked up monkeys on meth. Not just people like you and me, but companies and pension funds and ETFs as well. All this to say I think the movement of this IPO alone will make VIX will go up hard, and thats without considering the anticipation for it. Am I missing something here? How do I play this? I'm thinking straight up options on VIX, but when would be a good time to buy them? I dont wanna get IV crushed or get theta gang banged. I might just buy VIXY shares and options before close, if I do i'll update with my positions. What say you?