Ross Hendricks(@Ross__Hendricks):Gotta love the momo bois piling into $SPCX today on the "news" of investments by $GOOG, $NVDA et al The part they failed to appreciate is that these investments were made privately in a universe long ago, at valuations far far away from today's $2T market cap... and all these investors will soon be free to begin a mass dumping spree onto retail bagholders as the post-IPO restrictions are lifted in the coming weeks

Ross Hendricks

@Ross__Hendricks

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Ross Hendricks@Ross__Hendricks

2026.08.18 00:38

Gotta love the momo bois piling into $SPCX today on the "news" of investments by $GOOG, $NVDA et al The part they failed to appreciate is that these investments were made privately in a universe long ago, at valuations far far away from today's $2T market cap... and all these investors will soon be free to begin a mass dumping spree onto retail bagholders as the post-IPO restrictions are lifted in the coming weeks

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