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$AAQC - Is it the next $CCIV? The biggest holding in $SPCX
DCRC: SPACpocalyse-related elevated Arbitrage selling suppressed price today
SPAC ETF that normally holds 'post-DA' spacs now holds CCIV !!
SPCX Holdings(SPAC ETF) closed their position on CCIV. (DA soon?!)
Mentions
There is SPCX etf which identifies some companies plans to go ipo. There are wealth management capital that lends out money to venture capitalist invest in startups later rounds. Once obtaining share rights, there is a chance that company when going public you can exercise certain shares. Another approach is work with your brokerage. They often are allocated limited shares on companies going public. The branch manager asked me if I want to buy Facebook ipo stock at initial offering price. I asked for 400 s. Approved for 100 s. After ipo FB stock immediately tanked 1/3 from over issurance its common stocks. It crashed first week. The manager congratulated me and explained to me ipo is not a sure thing. Another investor I know won the lottery to exercise Lyft or Uber and lost money.
I think people need to accept that Tesla is a technology company, that happen to make cars of average quality with a few blingy options, like a giant LCD screen and great acceleration and crash safety. At the same time, quality is questionable and vehicles are released with funny issues like door handles not working. They are also making objectively dumb choices like having no physical buttons and actively deleting your parking sensors and radar. The Musk Reality Distortion Field have been working overtime since the inception, exemplified most clearly by the announcement that full series manufacturing of the model 3 started (in US), while the actual production line was unfinished and physically still at the "production line factory" in Germany. Their self driving tech has been "coming this year" for at least 5 years (I stopped counting), and when full self driving finally becomes reality, I bet it'll be around the same time as the competition launches theirs. Tesla was first to market with a reasonably nice electric car, and have enjoyed the benefits of that, but the competition is catching up, with the difference being that they have much more experience making cars. When Tesla was the only real choice, everyone who was anybody needed to have one, in the same way that pre-Tesla you would see celebrities driving Priuses instead of Ferraris. Now you can have a very nice electric Mercedes EQS with similar range at a similar price point to a Tesla Model S. As long as you can live with no frunk, a mere 500hp instead of the Plaids 1000, and no built-in steam deck, then the Mercedes absolutely annihilates the Tesla in almost any metric. Seen as a car manufacturer, the Tesla stock price should probably be slashed by 5-10x. So the question is if Tesla is able to leverage their unique technology advantages like megacasting in related fields (this is probably not worth much), and how much of their battery technology (potential to be a great cash cow) is their own and how much is Panasonic. I have no clue. However great FSD might be, it will probably be a challenge to sell to other manufacturers considering the ~~Tesla way~~ modern silicon valley methodology of shipping something before ironing out the bugs. TL;DR: Since Musk bought Twitter, public sentiment (driven by journos who think he's a danger to their favourite social media platform) has turned against him, the hype bubble is (finally) bursting, the competition is not just nipping at Teslas heels but actually devouring them, and I feel bad that I didn't short TSLA at $300. I'd love to be able to buy some SPCX though.
Because warrants went fugly down. SPCX holds commons and warrants, and since former have NAV something had to give in, so ... warrants.
My bad SPCX, which is an ETF, not SpaceX.
I wouldn't be surprised either way. I think 44 billion is too much for Twitter with the economy heading to the shitter. So if he closes that deal he's overpaying by a fuck-ton. On the upside he has a company other than TSLA and SPCX that he can diversify in and farm data / users. Or he could find a convenient excuse and have 8 billion in cash and all his remaining TSLA shares intact.
Transportation System - TSLA Communication System - TWTR Interplanetary System - SPCX Monetary System - ??? Elon needs to save PYPL next. Down 75% holy shit
I think the CEO of the SPAC gets paid much more if a deal happens than if no deal is found in the 2 year time limit. So I expect SPACs to seek mediocre companies to go public, and get just enough shareholder votes to prefer that over cash. As to the downvote for my claim that SPACs aren't doing well - for the factually challenged this is the CNBC data on the matter: https://www.cnbc.com/quotes/SPCX
Calls on SPCX IF IT WERE A THING ;_;
SPCX a good way to get in that space for someone that doesn't know shit about spacs?
I have a “Not SPACs” watchlist and right now the only red is SPCX, a SPAC etf :(
$SPCX (actively managed spac ETF) fell to the $27 range. Even in the SPACopalypse of February and March of last year it stayed above $28. Currently trading sub-NAV. They have 124 holdings and among their top holdings are current and past favorites of the sub. AACQ, CRHC, PRPB, AVAN, APSG. It may be useful to add it to your watchlist list to gauge the overall SPAC market sentiment.
> Any other folks you guys would like to hear from? The [$SPCX](https://www.spcxetf.com/) guys!
SPCE will spike on the SPCX ipo too lol
SPCX, a SPAC etf, is up .75% today. That's the largest daily jump that I've seen in quite awhile. Bullish.
SPCE is taken. SPCX could seem like a derivative of SPCE or something and might not even be allowed. SPX is taken. SPAC would be retarded. SPAX is taken. I'm not joking about SpaceX listing as SEX at IPO, it seems easy for Elon to argue they have to let him do it because every other possible choice of ticker symbol is trash.
Do you own any shares of BPTRX? How do you like their picks other than TSLA and SPCX? My entire portfolio is $TSLA stocks and I'm looking to spice it up some.
Well SPCX is basically this these days.
Actually SPCX etf biggest drop starts 2/8 bottom out on 3/24/21.... Those brave enough can enjou no gain 6 months....
Aug 24 (Reuters) - Apollo Global Management Inc (APO.N) is raising $500 million for a fund to invest in special purpose acquisition companies (SPACs), the buyout firm's latest move to capitalize on the investment trend, people familiar with the matter said on Tuesday. Apollo's fund, one of the first of its kind, will buy stakes in the initial public offerings and private placements of SPACs, as well as provide liquidity to SPAC managers by acquiring their founder shares, the sources said, requesting anonymity because the matter is confidential. An Apollo spokesperson declined to comment. SPACs are shell companies that raise money from stock market listings with the purpose of merging with a private company and taking it public. They exploded in popularity during the COVID-19 pandemic as retail investors snapped up many of their offerings. But investor interest has subsided in recent months amid a U.S. regulatory crackdown over their disclosures, investor lawsuits and many cases of weak financial performance. Only 14 out of 144 announced SPAC deals are currently trading above the IPO price of $10 a share, SPAC Research data showed. The SPAC and New Issue ETF (SPCX.P), which invests at least 80% of its assets in SPACs, has fallen by roughly 2% since mid-June, despite the wider stock market rally. From February, the height of the SPAC boom, the ETF is down 12%, according to Refinitiv. Apollo has launched its own SPACs. One of them, Spartan Energy Acquisition Corp, merged with Fisker Inc (FSR.N) last year, valuing the electric vehicle maker at $2.9 billion. Fisker shares on Tuesday afternoon were trading at around $13.78, down from a high of $28.50 in late February. Earlier this year, another Apollo-backed SPAC, Spartan Acquisition Corp II, announced plans to take Sunlight Financial Holdings Inc (SUNL.N) public in a deal valuing the solar panel lender at $1.3 billion. Sunlight shares have tumbled, trading at $5.46 on Tuesday, roughly half the original IPO price. Apollo has $471.8 billion in assets under management in credit, private equity and real estate.
Will SPCX, the SPAC ETF, ever see $30 again?
Most people here are trading SPACs though so the SPAK and SPCX returns are not that relevant I think. I think the return of people on here range from -99% to well ... +1%.
I’m not saying SPACs are dead, but take a look at the market over the last 3 months. At some point we need to look at this stuff soberly, I suppose, and admit mistakes. I’m sure I’ll still get some hate for pointing this out but… SPY: + 7.7% QQQ: +14% Even ARKK, because people like to say we are more correlated with that, is up 16%. SPAC returns have been much lower: SPAK: +2.58% SPCX: +1.41% When a market wide correction comes I don’t see SPACs doing well at all. It’s just the numbers. Or who knows maybe I’m wrong and because they’re beaten down so much already, it actually becomes a safe haven.
SPCX and SPAK have literally no volume lol. Oof.
I'll buy some SPAK and SPCX tomorrow in the 401k. That's all I can do to help right now.
They come from wealthy families and TSLA/MSFT/SPCX are intelligence projects that the ruling elite control?
So SPCX has a high of 29.25 and a low of like 28.95 this past month. I'd say iron condor but the volatility is so insanely low that I can't imagine you'd make almost any money lol
CALLS GE 7/23 .14 strike price=$13 SPCX 7/16 Strike price=$29 premium 0.05
So I Bought some SPCX ETF shares back when they were $34, averaged down to $31.16 atm & now that spac's are getting traction again. What are your thoughts on SPCX(ETF)?
There's a lot. I only play with warrants atm as commons don't pop. Here's my favourites which I think will announce very soon: * **FVTW** \- My biggest position and favourite SPAC. Over 2M of accrued expenses and Fortress is one of the strongest/most underrated sponsors. Try to get in at $1.30 * **SPAQW** \- Very attractive price right now (read previous comments for additional DD) * **PLMIW**\- Try to get in at $1.10. Next SPAC is registered, strong team * **OACBW** \- Not liking the current price but they might announce any day now * **GSEVW/GIIXW** \- Gores always moves fast, but impossible to tell which one announces first. Entry around $1.30 seems reasonable. 1/8 warrants are juicy because it means less dilution. * **CHRC/LFTR** \- Both should be very close due to their accrued expenses, but I would go for LFTR at current price levels Others I like due to their structure/team but might not announce in the short-term: * **GPACW** \- Very attractive price considering their 1/6 warrants and very investor-friendly structure (50% sponsor shares are locked until certain price tresholds are reached). Their previous ex-SPAC PRPL is currently trading at $26. Big sleeper SPAC. * **FVIVW** \- Sequel SPAC of FVT and they already have their next one registered. * **FCAXW** \- Fintech Spac of Fortress * **PCPCW** \- CAPS structure is great. Warrants are "Current price x 0.4" for the real value. They are currently still underpriced. * **PDOTW** \- Jonathan Silver isn't on the team anymore but people might sleep on this one. #3 is already registered and it might not be too far out. 1/5 warrants are good. I'll build a position around $1.10 * **AAQCW** \- This one is a bit far-fetched but here's the story: The biggest holding of the SPCX ETF was previously CCIV (before there were any rumours w/ Lucid). Now AAQC is their biggest holding. The sponsor is well-known, decent UW and the warrants are 1/3 (so quite decent). Can't hurt to have a small allocation here for the potential moonshot.
If yu go r/Daytrading read everything these folks post before NYSE opening. They not only tell you what they will be looking at some even know what a day it will be and caution you what not to trade. You can just look at these special situation see mentally if you will make money or not. After a few days you will have some feel how the market reacts. As for Virgin Galaxtic launch- 3.5 hour before opening, I sensed SPCX will start free fall. As the last hype was announcement a week prior that last week. Majority investors watched the show put an order lost -$11 immediately. Bezos show is not ready even. After his successful launch I expect the stock to adhere to $30s again. If you do not have 25K you are qualified to do day trading may be playing with cash for now. Small positions start easy not to lose $.
Interesting, I stopped paying attention to SPCX once commons stopped popping on DA but I was also under the impression that they didnt hold through merger.
I follow it very closely. I thought it was a good way to get exposure to pre-DA SPACs but I've lost my confidence in it. SPCX held HEC / Talk, which represented 1.38% of the fund at merger, past redemption (and still holding it). TALK went from $9.90s then to $6.69 today. That alone was a 20 cent per share hit the fund. I was under the impression that holding past merger was unlikely, especially since they now have de-spac etfc (DSPC), but they held one of the worst. They have a number of big holdings trading near NAV with mergers approaching (e.g. SVAC, third largest position), and those could be a major hit to the fund if they hold past merger like they did with HEC. You will also see that SPCX holds a number of founder shares in the fund (basically bought a slice of team's promote prior to IPO), which are very illiquid securities (I don't know specifics on their deals, but most founder shares locked up until 1-2 years past merger typically, subject to price threshold). I'm OK with that in small sizes since there's a lot of upside and relatively protected downside (\~$2-5 cost basis from what I've seen) if they negotiated a good deal. However, just be mindful they don't have an NAV floor like a SPAC since founder shares are not redeemable. Finally, they have also discussed doing PIPEs, which would mean holding past merger as well. So just be aware that the historically low volatility / NAV protection may not be there going forward, particularly if they continue to hold obvious losers like HEC past redemption.
It’s good. If I wasn’t so glued to my phone watching the market and wanted to dip into spacs, then SPCX would be my choice. I actually bought an SPCX $32 call for September. I really thought we were at the bottom but it’s lost 88% of its value.
SPAK and SPCX are basically flat on the 3 month , I don’t know of any SPAC that has merged and done well in the past few weeks.
I'm putting some of my cash into SPCX, which is a managed ETF that looks for SPAC deals at and below NAV. They sell when it goes above NAV and aren't looking to hold winners. In fact their current price is below NAV, meaning in theory they could redeem shares and show a slight profit without any downside (other than opportunity cost of course). Beta from what I've found is .29 so it's relatively uncorrelated to the market. Obviously there is still some risk but overall if I can earn any return while any funds sit idle and have easy access for purchases (ETF) then I'm interested.
SPCX is finally waking up this week, time for new highs.
THCB was down 15% off it’s highs this month , I mean even SPAK and SPCX show it, there was a resurgence early in June and then a big dip across the board. But yes KPLT and BARK got hit harder than most, and also there seem to be people here finding good success with warrants
Sorry, I mean it sounds the same as SPCX
I'm not sure if it is something to get excited about. Someone here used to maintain this daily [spcx spreadsheet](https://docs.google.com/spreadsheets/d/1QAChiyr5F1eKeBqefALQ7F9xsZ1O5IHpAWcYysoTX6E/htmlview#), according to the sheet, SPCX has held at least 452,000 shares since April 12th.
SPACs were dead, now they’re resurrecting. Even the ETF $SPCX is gaining a bit.
I mean it’s a mixed bag. APXT down but BARK and FSRV up. SPCX up with SPAK down , which is interesting.
I admire the ability to be the first downvote in the thread I think people have gotten happier with you as the prices of SPACs recover We need a SPCX vs u/Fuck_CCIV average comment score chart
What you won't hear on CNBC: The etf "SPAK" comprised of pre and post DA SPACs is up 15+% since May 13th low. Closing prices $22.35 -> $25.73 through today. SPCX (all pre-DA) has lagged. Let's hope SPAK keeps going and pulls up the potential of SPCX. If so, you won't hear that either.
I told a buddy of mine to buy SPCX and it’s his slowest ETF. Boring but at least he can’t blame me for losing money cause it’s stayed the same for like 3 months lol
Since we don't know whether off-worlders want to exploit humans/earth as a resource, as an anthropological study (think South American indians) or to welcome us to the universe in their version of a third (4th, 5th) world country is purely speculative. Any technology they show us would be the equivalent of magic in our eyes. Like showing a 13th century knight a surface to air missle or a monk working on moveable type an iphone. It might take generations to understand it. Some talking points: 1) If they don't want to eat us (there are easier ways to create protein than catching and processing a meat sack) but want to exploit resources, then perhaps they want to trade, buy extractive industries (mining, heavy equipment). 2) If they don't have the concept of trade, and only take by force, then we're toast anyway. Buy bugout gear and live off the grid for as long as you can. Patriot Supply and Readywise are not publicly traded, but Coleman is as part of Newell Brands (NWL) and just had a stock split. Any of the gun manufacturers would likely do well, IF they were publicly traded. Only Ruger (RGR and Colt (Olin mnfg OLN) will do you any good before the market tanks due to the aforementioned bugout. 3) If they are just studying us, and had an equivalent of a NSF grant to study indigenous species, and stupidly left some equipment behind, then, by all means, find out if Lockhead-Martin, GE, SpaceX etc, got access to it and quietly invest. If the DOD got the item first, go Lockhead-Martin or General Dynamics. Otherwise, if the item was IT related, especially storage, NVIDIA, Intel, etc. If it was communications, maybe a SPAC like FIVG, or Raytheon. 4) If they turn out to be benevolent, and want us as a "partner" of some sort, then we go with the space tech and extractive models. a) Extracting elements from asteroids is substantially cheaper once you are out there, but you have to get people, resources, support and some medium of exchange out there. Buy SPCX, since Musk has the vision. b) You also will need a bunch of new psychiatrists since this won't be easy for anyone to deal with. c) Designers for all the alien themed clothing, cars and tchotchkes that will emerge. d) engineers and mathematicians to make sure space vehicles don't end up in the sun. Thanks for reading this far into the endless drivel. TL: DR If we're not food or slaves, then buy rockets. Good luck.
Why is SVAC the largest post-DA holding of SPCX?
At least SPCX is pretty much at rock bottom. I don’t think it can go down more than another 10 or 20 cents as it only tracks new SPACs.
Precisely. When looking at SPACs as a sector (say SPCX),FRN bonds and munis will probably offer a higher average yield that the common. This will be reflected in the common's price. Add to this over saturation of SPACs at it makes me thin that $9.50-$9.70 will be the new to norm if rates >= 2.25% (long term inflation)
Here is a crazy idea. You are not good at this, sell all your SPACs and buy SPCX instead.
I have unhealthily obsessed over SPCX and PSTH approaching the 20DMA. Wouldn’t take action any other way, so not sure why I am honed in on it.
Obviously we don't all hold the same SPACs. Good indicators are the 3 main SPAC ETFs (SPXZ, SPAK, SPCX) - all had a green run (to varying extent) over last few days.
As am I, but spac indexes (other than SPCX, pre-lois) are down so it's not the norm for today. That not all spacs are dumping is a good sign though, just a red volatile day after a fairly decent run from the bottom. These are to be expected.
That would be a good start ;) Using standard charting measures like trendlines, relative strength, moving average crossings. I'm using the 2 SPAC ETFs for mostly post DA/Merger (SPAK) and Pre-DA/Merger (SPCX) as proxy for all.
You mean SPCX? Yes, everything should be at or under NAV if you look at the holdings.
I think you can achieve all of that without any work just by buying the $SPCX ETF and holding it. This ETF buys SPACs at NAV (or even on the IPO), splits the units, sell the warrants and sell the commons when they pop
The SPCX SPAC is actually like the stablest to put money as all SPACs are basically at floor. Pretty sure that thing is never going under $28 for eternity
If the market crashes, SPACs at NAV and warrants under .60 will be some of the safest places to be. They can't fall very far below NAV without becoming a great guaranteed money arbitrage opportunity. SPCX is only down a couple percentage points this month, by the way.
Are we think SPAC ETFs... I've got all 3, and obviously I'm losing my shirt. Any ideas for tax loss harvesting? Would you sell one or two and buy ???? Thinking about dumping SPXZ. I like SPCX the most, or I did, but the idea of buying new SpACs seems less enticing. Dump SPAK and just buy DKNG?
Years ago a company wanted to go public it needed to have 3 consistent positive earnings. Now, the requirement is very loose. just $40M, and issuing 1.1M shares and needing 400 share owners. Ever since mid February I realized the Spac fever was chilling and stopped adding by selling taking profit. I have unloaded 18 Spacs recently. There were a lot fewer volume than a few weeks earlier. I personally do not feel there was evidence of short squeeze as speculated. 2020 year ARK, IPO, ICLN specutacular returns convinced many investors that the way to go is focus on these new technology Spacs and 2021 will have even better opportunities. A qucik look at tech and a few etfs kind tell it all: SPCX +9% YTD -6%(last 30 days) IPO -4% -7% ICLN -14% -6% TECH SEC +2% **-2%** ARKK -4% -8% ARKF +3% -8% Obviously ARK will have lower return for the remainder of 2021. The days of having +80% annual rtn like 2020 is highly unlikely. My feeling is there is stock rotation moving away from these stocks. Investors are expecting the economy from consumer sector, leisure, traveling to be dominant stocks. My Spacs overall performance is slightly profitable. I do have some stocks not sold that I will give them to the rest of the year.
SPCX looks promising for medium to long term because it is bunch of pre-DA SPACs at \~9.90. Some will pop, some duds but upside is huge if SPACs get frothy again. Cash alternative.
Trying to make sense of where the bottom is. Turned to more traditional technical analysis at the aggregate level using: * SPAK as aggregate for DA, post-merger * SPCX for aggregate of mostly pre-merger or no DA Conclusion: SPCX type holdings are in a stronger technical state and showing stability, albeit weakened (probably due to near NAV support). Unfortunately SPAK is not showing stability, yet. In both cases I'd look for turns that indicate trend reversal. Use what you've got.
I noticed the spike in PRPB as well. PRPB is now the largest SPAC holding of the SPCX ETF (link below). It was previously their 2nd largest holding, but I hadnt looked in a week, so I dont know if the timing lines up. [https://www.spcxetf.com/spcx-holdings/](https://www.spcxetf.com/spcx-holdings/)
Its on a lot of radars, also the #1 holding in SPCX
So that's a hard buy then right? I'm selling most speculative meme SPACs right now, moving into Cathy, Bill and THCB. With small MUDS position. But SPCX might be a good way to store cash?
Does anyone know NAV of SPCX right now? Seems like bottom is around 28 for it
SPAK, SPCX, & SPXZ ETFs are all green today by a hair. What's with all the doom and gloom in here? Today is meh
I hold some SPCX fund which buckets a bunch of SPACs together. Most days I’m red. I think I had 10 red in a row. The bottom seems in though as most SPACs are at or even slightly below NAV
The road to richness is not nearly as conclusive. I suggest you chart SPCX etf which is better positioned as over market. It is kind flat. It was launched in mid Dec as I recall.
I believe in picking a stock and paying going price after a D.A. I had almost all spacs stocks and warrants w/ a +53% rtn. Until CCIV correction I thought this strategy will work. Today it is +3% rtn after weeding 30%. My bench mark was SPCX which is -3% meaning my picks are better than an etf. Having a full screen of these pre-merge stocks can be problematic when it comes to managing them.
For those who are wondering which ticker symbol better represent spac market, use the following equation: SPACS = min (NASDAQ, Russel 2000. , SPAK, SPCX, DJI, S&P500, ...) - 2% ;-)
Last week I sold my low conviction NAV SPACs and put the cash into SPCX because I wasnt confident that I could pick which SPAC would make a good deal, I would get more buying power from TDA, and I would still get the same NAV floor support. The risk is that the fund loses money by churning below NAV tickers and the floor gets lower. They seem to understand how to take advantage of SPACs so I dont think that would happen.
So, ignoring that SPACs can go under $10 and many are currently, theoretically since SPCX is currently only 0.65% above NAV, it shouldn't be able to go significantly under $28. It's currently at $28.58. It could go under if you take management fees into account of course, but not in the short term. Is that how you interpret this too?
Man I remember when bullish SPCX June calls were one user's "high conviction play" a couple of months ago... Hope they made it out alright.
Is it possible to work out what % above NAV that SPCX holdings are? If it's only 5% above on average, for example, it means it would be unlikely to be able to fall more than that. Might be worth selling a May $28/$27 Put spread if that theoretical floor is above $27.5
For the first time I am bag holding my Spacs. In Feb overall avg was +54%. Today it is -1% and my bench mark SPCX etf is -3%.
No, I’m thinking of SPCX and I’m including pre-DA as stinkers. They including SPACs targeting real estate and companies beaten down by covid. Those are not plays I want, especially pre-DA.
Which stinkers? SPCX is almost all pre-DA and theyre actively adjusting their holdings to take advantage of arbitrage. Are you thinking of SPAK?
I think you bought mine too, sold PRPB and put the money into SPCX.
Spacs kinda making a double bottom here it looks like, look at SPCX chart
Low - SPCX. It's an actively managed SPAC etf that churns through the rumor pops and whatnot. Right now, the NAV of the etf is backed by SPaCs that themselves have a NAV totalling to $27 something so there's very little downside and the downside will only last at most a few months. Medium - this is where I put PLTR. I don't consider it high risk because it doesn't have much short term downside from where it's at. I'm not concerned about the balance sheet because obviously they can keep their doors open, they have a lot of institutional support, they have an impressive client base, and if they switched out if growth to value mode, they could be profitable in an instant. I just don't see big risk here. High - ARK funds. These are loaded with what I consider overpriced companies so there's a lot of downside, especially short term (ie this might be a bad entry). I'm putting these as high risk because I'm still not convinced by Woods. She can buy them well, no doubt, but can she sell them well?
Honestly, SPCX is a great value with everything at NAV. If I was getting into SPACs right now I would just get DCA into that ETF. I’m considering doing just that but I don’t wanna close my positions yet.
You mean like SPAK, SPXZ, SPCX, & ARB. Am I missing any others?
3 indexes, SPAK which is all spacs, SPXZ which is post-da (or post-loi?), and SPCX which is pre-da/loi. All seem to underperform but are useful indicators, especially if you only have a few spac positions.
This is the team that has created the $SPCX ETF and is also going to create the $FOMO ETF. Interesting
I prefer the SPCX ETF since it has a more defined floor
I'm balls deep into $SPCX. Tell me more about that.
Yea there’s no chance SPCX is buying the shit I have lol. And yea ARKX supposedly at the end of this month or early next month
I noticed that SPCX reduced all of its SPAC positions and doubled their cash. Not sure what that means but its the first time Ive seen them do that. [https://www.spcxetf.com/spcx-holdings/](https://www.spcxetf.com/spcx-holdings/)