SPCX is the first stock of human destiny, or the first stock to receive high positions? How to translate Previously, Biteye compiled institutional views on SpaceX valuation, but since Vida announced a bare short position on SpaceX's pre market contract, it directly ignited the long short sentiment of SPCX in the Chinese speaking region ！ Now, less than 12 hours before SpaceX rings the bell on NASDAQ, the pre-market Pre IPO tier has become increasingly large - one side is still hot for new subscriptions, and the other side is short sellers flocking to enter early. So the question arises: As SPCX, which may be the first IPO in the history of the capital market, is it the so-called first stock of human destiny, or the first stock to receive a high position in history? This article will summarize the opinions of KOLs on X regarding SPCX: see if everyone leans towards the bullish or bearish camp. Watch long: betting on new heat, small streams, and SpaceX's super narrative one ️⃣ Yuyue @ yuyue_chris | XHunt Rank: 696 Viewpoint: The possibility of breaking on the first day is not that high, and SPCX is the "most likely opportunity to achieve percentage level growth this month". There is a high probability of a 10-20% increase on the first day (exceeding 4 times+overall small flow), and it is recommended to sprint with half of the empty side hedging sentiment. two ️⃣ BITWU.ETH @ Bitwux | XHunt Rank: 930 Viewpoint: We should also participate in the narrative of "the first wave of human destiny". If it has already exploded on the first day, index buying is likely to be priced in advance; Looking at the trading feedback after the inclusion of FTSE Russell on the 5th trading day, there may be a surge and a pullback between 5-10 days; 10-15 days is the peak of short-term event trading, belonging to the graveyard jumping scene. three ️⃣ Princess Christine @ 0xsexybaana | XHunt Rank: 1056 Viewpoint: Participate in SpaceX's new product launch with a small amount and sell immediately after opening. I believe it belongs to the "market dream rate" project, with a high probability of FOMO sentiment at the opening and a low probability of breaking. The plan is to sell immediately after the IPO, and the remaining funds will be used to buy the sectors that are being drained by the IPO. Mainly to experience the process of new listings in the US stock market. four ️⃣ EnHeng, hmm .Ai@EnHeng456 XHunt Ranking: 1130 Viewpoint: SpaceX is a dream for humanity to go into space and a belief in the long-term capabilities of Musk and SpaceX. From a capital and innovation perspective, Musk surpasses Wall Street, and SpaceX is essentially buying a civilized narrative. five ️⃣ Sea @ Sea_Sitcoin | XHunt Rank: 1673 Viewpoint: Decided to participate in SpaceX's IPO and launch a new venture. The short-term funds and emotions are very positive, and there has been a serious oversubscription (the target of 75 billion has exceeded 250 billion, which may be over raised by more than 5 times). Optimistic about Starlink's new narrative of cash flow and space computing power (retrieving $2.17 billion per month from Google and Anthropic, annualized at $26 billion). six ️⃣ ZC @ ZhanweiC | XHunt Rank: 5948 Viewpoint: With over 4 times the subscription for new products and institutions spending over 300 billion US dollars, the valuation of 1.75 trillion yuan is "too cheap". There is a chance to reach 2.5-3 trillion yuan, which is suitable for large funds. I also want to participate in Gate's new product launch myself. seven ️⃣ BoboOC @ bboczeng | XHunt Rank: 16238 Viewpoint: Based on the sentiment of retail investors on the first day, the size of the trading volume, and the long-term prospects of the company, the opening price should be at least 200+. SpaceX has business uniqueness and hype, and may double in half a month like Circle, but there will be opportunities for a comeback after the first financial report and the 20% lifting of restrictions. Bearish: betting on overheated valuations, receding sentiment, and takeover risks one ️⃣ Coin Circle Experienced Driver @ Bqlsj2023 | XHunt Ranking: 1549 Viewpoint: SPACEX conforms to the logic that popular narratives will inevitably collapse. I am preparing to go short after going online, and believe that the current 135 is overvalued by about 35% (a reasonable valuation is around 100). It is expected that retail investors will take over the market and rise, planning to enter the short market after the rise. There is a high probability that they will not directly fall on the first day. two ️⃣ Vida @ Vida_BWE | XHunt Rank: 1797 Viewpoint: Persimmons need to choose a soft spot. They shorted SPCX at a price of 162.46 and plan to hold it for 3 to 12 months. It is acceptable to bear a loss of $100000 in this transaction. three ️⃣ Lianyanshe ｜ XHunt Ranking: 2037 Viewpoint: SpaceX is a great company, but in this macro headwind environment with a high valuation of 1.75 trillion yuan and significantly lower revenue quality than Amazon and Meta, the risk return ratio for new and long-term acquisitions is not good. It is recommended that long-term investors wait for the market to offer a better price within six months before entering. four ️⃣ CuiMao @ CuiMao | XHunt Rank: 8682 Viewpoint: If you have no idea about SpaceX going public, you need to have 5 years of awareness to succeed. The only profitable part of the entire architecture is Starlink, and everything else is aimed at Lao Ma personally. If he dies suddenly in the middle, investors' confidence will collapse, and ordinary investors will not participate in this fireworks show. five ️⃣ Terry @ RichTerriy123 | XHunt Rank: 43067 Viewpoint: SpaceX's listing will cut passive investments (retirement funds/ETFs) the hardest, with low liquidity stocks and index inclusion=mechanical buying, which is actually giving old shareholders a lift and ordinary people should not chase after them. In conclusion Long positions bet on emotions; multi-party positions bet on emotions and liquidity: new super fundraising, small cap overall strategy, Musk halo, SpaceX super narrative, and possible FOMO in the early stages of listing. Bears focus on price: bears bet on valuation and ebb: $135 is already not cheap, and the pre-market price continues to rise. Once the sentiment overheats and begins to cool down, it may enter valuation digestion later on. Kind reminder: Don't see Vida short selling, just understand it as me blindly following the trend! Vida's trading is based on a long-term price return of 3 to 12 months, and he can withstand significant floating losses and margin pressure. But for small investors, if the margin is not enough and the position is too heavy, the biggest fear is that if the final direction judgment is correct, it will be affected by short-term fluctuations and lead to losses!