What if retail sat out the SpaceX IPO i mean we all see the rug pull coming so why play?

u/euro1127 · Reddit — r/wallstreetbets · June 06, 2026 at 19:23 · ⬆ 61 pts · 💬 46 comments  | View on Reddit ↗
AI Summary

Summary

  • The author argues that retail investors should boycott the upcoming SpaceX IPO, claiming it is rigged against them through rule changes, a tiny float, and short lockup periods.
  • The thesis is that by collectively sitting out, retail can deny exit liquidity to insiders, while possibly buying the dip in other stocks sold by institutions rebalancing for the IPO.
  • The post is speculative noise with no data or analysis; it relies on contrarian sentiment and conspiracy-like reasoning rather than fundamental research.
Score 61
Comments 46
Upvote % 77%
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