Can you please explain the difference between virgin shares and ipo shares?

Summary

• The author confuses Virgin Galactic (SPCE) with SpaceX, believing SPCE shares will convert to SpaceX shares (ticker “SPCX”) on June 12.
• The thesis is to buy SPCE Monday to capture gains from an imminent SpaceX IPO derivative, which is factually incorrect.
• Quality assessment: Pure noise / misinformation. No research or DD; based on a fundamental misunderstanding of tickers and corporate structure.