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The biggest IPO in history, SpaceX IPO $SPCX is going LIVE today.
The expected valuation is $1.77 trillion.
The hype is real.
But the historical data says something different.
Five of the most hyped IPOs of the last 15 years all followed a similar path after listing.
Meta fell -77% from its peak.
Uber dropped -70% from its IPO price
Robinhood collapsed -92%
Coinbase fell -93%
Rivian declined -95%
IPO day captures peak attention, peak liquidity, and often peak expectations.
But most IPOs lost 50% value within 2 years of launch.
Buying great stories at peak hype has rarely been a winning strategy.
Great companies can still emerge, but history shows that the easy money is rarely made at the most crowded entry.
Real wealth is made at the bottom.
June has historically been one of Bitcoin's weaker months, and this year isn't off to the best start.
$BTC is already down more than 5% in the first days of June, adding to concerns about another difficult month ahead.
The decline accelerated after Strategy sold a portion of its Bitcoin holdings.
It was a notable event given the company's reputation as one of Bitcoin's most committed corporate holders.
While the amount sold was relatively small, the market is currently sensitive to any sign of selling pressure, making the timing particularly impactful.
Iin my opinion, the $68.3K level is the key support to watch.
As long as Bitcoin continues to hold above it, I believe the current range offers an attractive risk-reward setup, with potential for a move back toward $74K and eventually $80K.
However, if $68.3K breaks, the market could quickly revisit lower liquidity zones around $63K and $59K before finding stronger support. 📉
June's historical weakness is worth keeping in mind, but price action around $68.3K will likely determine whether Bitcoin sees a recovery rally or a deeper correction from here.
Your monthly SIP might have become Wall Street’s exit liquidity!
JEFFERIES just dropped a brutal take on India’s SIP boom. 🇮🇳
They say relentless mutual fund SIP inflows gave FPIs the perfect exit window from an overheated market, and that’s now putting heavy pressure on the rupee.
FPIs sold a record $44B in Indian equities since April 2024.
Total equity-driven outflows reached nearly $78B in just 2 years.
Meanwhile domestic SIP inflows kept smashing records near ₹38,500 crore/month!
As a result, Indian retail investors absorbed the selling while foreign money exited smoothly.
Jefferies says the real problem for INR is no longer the current account deficit, it’s collapsing capital inflows.
India’s capital account surplus reportedly dropped to just 0.5% of GDP, the lowest on record.
Meanwhile, the rupee has already weakened 12% in one year, touching ₹97/$ and becoming one of Asia’s worst-performing EM currencies this year.
The irony?
Retail investors kept “buying the dip” through SIPs… while foreign institutions quietly used that liquidity to dump billions.
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