Everything on Public Markets & Valuation

The SpaceX IPO's extreme short-term volatility is driven by a 4% float and options market mechanics, not fundamental business performance.

Impact: Investors should delay valuation judgments until lockup expiration to avoid mispricing based on artificial liquidity squeezes.

— from SpaceX IPO, AI Regulation, and SaaS Turnarounds · The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch· Jun 18, 2026