FYI if $SPCX is your first IPO
The 9:30am ET opening bell does not mean SpaceX starts trading. Nasdaq runs a price-discovery auction first, and for a deal this size it can take hours before the first share ever prints.
What's actually happening when the bell rings:
- Orders pour in but NOTHING matches yet, it's "display only," basically an order book filling with bids & asks and zero fills.
- Nasdaq broadcasts the imbalance and a moving indicative price (think live order-book depth before a launch).
- The lead underwriter (Goldman) gives the green light while Nasdaq's automated cross keeps re-pricing until buys and sells balance out
Only THEN does the "opening cross" fire. A single batch auction that clears everyone at one price, and then continuous trading begins.
The bell and the first trade are NOT the same.
Google (2004) → first trade 11:56am (~2.5 hrs after the bell)
Meta (2012) → 11:30am (~2 hrs after)
Twitter (2013) → 10:49am (~1hr 20m after)
So if there's no chart at 9:31, nothing's broken. Price discovery just isn't finished.
If you get to $500k+ TC, you should understand that 1) you're very lucky and 2) it may not be sustainable.
High paying jobs don't just grow on trees and it's a dance with dragons to keep your seat long-term.
There is so much power, in being the person who is genuinely excited to win & for other people to win...
It's endless fuel & high-fives.
Jealousy and resentment will eat you alive.
Eyes forward. Mind your own game.
Dig into yourself & your work.
Do something great too.
I have turned down multiple offers to be a pod bro at Shitadel, NoPoint72, & Millenial.
Like why would I give you 80% of the profits for my ideas ?
I'm finally reading Dune. This quote, which is in the first few pages, hits hard:
"Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."
Anthropic president Daniela Amodei just said AI has replaced almost no jobs in 2026.
she's counting the jobs AI takes. nobody's counting the five hires a founder used to make and now skips. you don't fire a seat you never opened.
a seed round used to fund those five people. now one person fills all five. i mapped this stack six weeks before she said it, and the post above did 3.3M views.