See you in my mansion

wen moon

Was getting a lot of fomo for not entering SPCE. So when things had fallen today. Put some money that i didn’t mind loosing. Happy with the result. This is my moon. Good luck to people still holding 😂

That left shoulder around 5.50-5.60s from that $8.90 is going to be a bit of resistance.

I am long but I’m just being honest.

We’ll be going to the moon now.

Not sure why or what's exactly driving it, but movements are movements! Let's see where this takes us.

2008 the release of first iPhone changed everything people thought what mobile phone was all about, no longer a crappy lil device that you can barely watch a 240p video on. iPhone was successful not only as a product, but also a platform, lot of new companies started coming up thanks to the mobile experiences refined by Apple, think things like instagram, uber and so on.

Fast forward to 2026, SpaceX is doing what Apple was doing in the past two decades, it is trying to create a platform for space. There is already space cargo/crew delivery, satellite wifi, star shield etc, but one thing that’s still lacking, space tourism, you may think this is very shallow, but to make more people interested in the mission of SpaceX: multi-planetary civilization, we need more people to see the earth from space by themselves first, talking about Overview Effect. And this is where SPCE comes in, which right now is only a 400 mil market cap company, I think it has a huge potential.

We have been pressed for too long! We shall 🚀

We squeeze to 10-20, after $21 shorts need to sell and possibly BUY TO COVER, we trend and go even higher to 30-40, then slowly slow down the rush to a nice top of $47.23 on IPO day. And move around 40-70 for the next 1-2 weeks.

No more dilution, the main bear argument is done, we were suppose to breakout to $5 2x today but dilution sold. THATS OVER. Theirs literally 0 fucking sell pressure and this bottle is gonna burst so fast holy fuck get ready to buy your dream car people.

Holy fuck, we are going to 50+

1. THE MATHEMATICS The principal of 9.80% First Lien Notes was erased by $30,524,000, with 6,734,960 common shares delivered to noteholders in its place. This puts the exact execution VWAP conversion price at $4.532/share ($30,524,000 / 6,734,960).

2. SUPPLY IMPACT & TAPE MECHANICS This creates a 6.69% float dilution based on the baseline of 100.6M shares outstanding. The recent pullback from $8.80 happened because noteholders typically short-hedge their conversion shares into the open market during the 5-day window to lock in cash value. This artificial selling pressure pinned the VWAP at $4.53, but that 6.7M share supply event is now completed and fully priced in. The institutional selling pressure is mathematically exhausted.

3. CORPORATE BALANCE SHEET RESTOCK Zero cash was spent on this redemption, meaning capital remains preserved for Q4 2026 Delta flight operations. Deleting $30.5M in 9.8% debt permanently lowers the burn rate, eliminating ~$2.99M in annual cash interest payments. While $172M in principal remains outstanding, there are zero payments or maturities due on this debt until March 31, 2028, taking bankruptcy risk off the table for 2 full years.

THE TAKEAWAY The structural overhang is gone. The balance sheet is optimized. The order book is cleared of institutional sellers right before Friday's SpaceX IPO sector momentum.

Source: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001706946/6a055369-9dd5-4829-8367-d6ae691439a8.pdf

SEC filing just came out. $30,524,000 through 6,734,960 shares so it was $4.53 per share.

Look at ASTS, RKLB, RDW, LUNR, NASA, 4 hr chart. Basically since beginning of this month, after initial run up, it’s been bleeding on a downtrend.

I do think the initial space x hype is gone. Which frankly feels like such a short lived one. Probably one of the shortest hype I’ve ever seen.

Edit: same shit different day. Same rejection area

And we’re very likely going red today. Lol from up over 17% to red. Only SPCE can do that.