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SpaceX Stock (SPCX) had its first couple of days. Opened at $150. The IPO price was $135, so that’s an 11% pop before the bell even finished ringing. From there it ran to $176.52. Closed at $161.11. Up 19% on the day. Somewhere in that session, Elon Musk became the first trillionaire on paper. That’s...
SpaceX stock is now available. Ticker SPCX. Listed on the Nasdaq. And priced at $135 a share. That values the company at $1.77 trillion. This IPO alone is more than 3x the size of Alibaba’s, which held the previous record for the largest U.S. IPO. Biggest listing in history, full stop. If you trade stocks...
Something changed in prop trading over the last two years. Traders stopped accepting the first firm they found. They started comparing payout cycles. Reading drawdown rules before buying. Asking what happens on earnings day. That shift is the real story. Not that traditional prop firms got worse, but that traders got better at evaluating them....
