โ ๏ธ WARNING to @SpaceX investors โ ๏ธ
Only about 5% of $SPCX shares are liquid right now due to the large, locked float (non-tradeable shares).
This lack of availability is making it much easier to push the price up.
I've seen this type of highly-restricted token release schedule in cryptocurrencies that pump massively initially due to the artificially constricted supply, only to dump later on.
See the chart below for what the $SPCX unlock schedule looks like for the 95% of the shares that are currently frozen. Note that this unlock schedule completes around the end of this year, December 2026. That's a lot of unlocked sell pressure.
Btw, I think Elon Musk and SpaceX are AMAZING contributions to mankind. I own 2 Tesla cars, a Power Wall, X Premium+ membership and Starlink. But this is honestly the situation with regard to this newly released stock.
https://t.co/af4SZM6RAh
@CuriousPejjy@CernBasher Reddit is worse than YouTube, I got banned for 5 days and trying to appeal wonโt work at all, nobody believes what you say, they believe the AI, itโs heartless and empty.