Elon Musk Just Wiped Out Every Investor Who Bought SpaceX — A Former Broker Saw This Coming

SpaceX IPO'd at $135. Hit $225 in 4 days. Today it's at $165 and falling. Retail investors who chased the hype are underwater right now — and this is not an accident. Is it Elon Musk's fault? I'm a former Series 7 licensed stockbroker. I've seen this playbook run on clients for years. In this video I break down exactly how the IPO distribution mechanism works, why the people who needed to sell used your excitement to do it, and what's coming in December 2026 when the lock-up expires on the other 96% of shares.This is what your broker won't tell you. 🔑 What you'll learn: — Why IPOs are designed to transfer shares FROM insiders TO you — The "distribution phase" Wall Street doesn't talk about — What the December 2026 lock-up expiry means for SPCX price — Why Morningstar's fair value is $62 — less than half the IPO price — What to watch before the next big IPO drops ⬇️ Subscribe for the next one — OpenAI and Anthropic IPOs are coming and I'll walk you through those before the billboards go up. 📌 Chapters: 0:00 SpaceX IPO Crash — What Just Happened 0:45 Who I Am and Why This Matters 1:45 The IPO Timeline — The Setup 3:00 The Broker Confession — The Distribution Phase 4:15 The December Lock-Up Time Bomb 5:00 What You Should Actually Do #SpaceX #SPCX #ElonMusk #IPO #StockMarket #FormerBroker #WallStreet #RetailInvestors #PersonalFinance #TheLeverageReport