@antibearthesis Not to mention, SPCX holders can only sell a very small % of their holdings currently so people are making minimal profits. Later, they will be allowed to sell larger chunks of their holdings to take larger profits.. thats when price will plumit if demand doesn't skyrocket again
@antibearthesis Got you covered... no IPO in the history of the market continued to sky rocket after listing... in SPCX case, they only made 4% of the total available shares open to purchase... the rest of shares being unlocked in segments... the first unlock (more supply) being in AugI believe.
@antibearthesis The price is dropping because that FOMO demand is not as high as the past 2 weeks... supply increases as more shares are available for purchase in the future... so if demand doesn't keep up with the supply as they make more shares available...price will keep dropping.