$SPCX vs $SPCE the degenerate thesis was hilariously wrong

rickster9 · 2026-06-12T17:31:55+00:00

=== SUMMARY === - The post mocks the failed WSB thesis that buying $SPCE on $SPCX IPO day would profit from ticker confusion; instead, $SPCE fell 28% while $SPCX rose 28%. - The author provides no forward-looking analysis or personal position, only a retrospective anecdote highlighting the market’s efficient rejection of the trade. - Quality assessment: noise – no research, no data, just commentary on a past event. === SENTIMENT === MIXED === TRADE IDEAS === No actionable trade ideas in this post. === COMMENTS SUMMARY === Top comments argue the thesis actually worked if you sold *before* the IPO – $SPCE hit $6 the night prior – and several users claim they profited. The community consensus is that the error was in holding through the IPO day, not in the initial direction. This adds a timing nuance but offers no forward-looking signal.

u/rickster9 · Reddit — r/wallstreetbets · June 12, 2026 at 17:31 · ⬆ 162 pts · 💬 97 comments | View on Reddit ↗

AI Summary

Summary

The post mocks the failed WSB thesis that buying $SPCE on $SPCX IPO day would profit from ticker confusion; instead, $SPCE fell 28% while $SPCX rose 28%.
The author provides no forward-looking analysis or personal position, only a retrospective anecdote highlighting the market’s efficient rejection of the trade.
Quality assessment: noise – no research, no data, just commentary on a past event.

Score 162

Comments 97

Upvote % 84%

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