SPCX#257
Thesis
SPCX IPO 4x oversubscribed. SpaceX targeting ~$1.8T valuation at IPO.
🐂 Bull Case
- Revenue growing 15% YoY — fundamental momentum intact
- Strong gross margins at 49% — pricing power and efficiency
🐻 Bear Case
- Market risk: broad sell-off could override sector fundamentals
🚫 Invalidation
Close below $114.8 (-15%) on heavy volume
Break Conditions
- Close below $114.8 (-15%) on heavy volume
- Earnings miss >10% on revenue with declining forward guidance
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | SPCX | $135.00 | 2026-06-11 18:36:15 |
Metadata
T0 Price: $135.00
Created: 2026-06-09 18:33:41
Scored: 2026-06-09T18:35:17.001443+00:00
Updated: 2026-06-11T18:36:15.237071+00:00