Crypto space SpaceX IPO worst-case scenario～
1/ If the opening price is more than a 20% premium over the IPO price, we’ll initiate refunds;
2/ If it's below 20%, we’ll scoop up some spot and arrange it for us, plus take a 5% platform fee on the side.
Let’s hope it doesn’t play out like this!
Some pals have already hedged early and are walking away with losses, 🥺
1/ If the opening price is more than a 20% premium over the IPO price, we’ll initiate refunds;
2/ If it's below 20%, we’ll scoop up some spot and arrange it for us, plus take a 5% platform fee on the side.
Let’s hope it doesn’t play out like this!
Some pals have already hedged early and are walking away with losses, 🥺