SpaceX just moved its IPO way forward.
Prospectus drops as early as next Wednesday, roadshow starts June 4, and first trade possibly June 12.
Originally planned for late June; now happening much sooner after fast SEC review. Nasdaq chosen for quick Nasdaq-100 inclusion.
This is going to be one of the biggest IPO's ever.
What valuation are you expecting?
Cerebras lists on Nasdaq today as CBRS.
$185 IPO. 30M shares. $5.55B raised.
Pre-IPO perps trading ~$300 with $25M OI and $15M 24h volume — 62% above the official price. That implies ~$91B valuation if it holds.
Three prices colliding at open: IPO allocation, Nasdaq print, and perp expectation.
Scenarios:
These perps on markets.xyz aren’t shares. Cash-settled and convert on real data; mark price can gap hard with liquidation risk.
Cerebras has AI tailwinds but valuation and liquidity questions are live.
Where do you think it opens and how are you playing it?
Yesterday S&P closed at 7,137. Record high. Trump extended the ceasefire. Definitely good news since the market is pretty flat right now. What I'm wondering is if the market didn't price in a ceasefire. It priced in a resolution. Those aren't the same thing. Strait of Hormuz still closed. Iran said it won't negotiate. Brent still above $100. We're at all time highs with an active war and $100 oil.
Been tracking all of this live on markets.xyz, the heatmaps make the sector rotation pretty obvious when days like today don't make sense on the surface.
wonder what you guys think about the situation? one thing for sure, i'm sick of this back and forth and hoping for all that there is a resolution soon