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space x retail investor selling pressure nvidia ipos

SpaceX could drop $22.5 billion in the first 5 minutes - that's 16 times the highest average minute trading volume for a stock like $NVDA. It seems everyone here thinks the IPO is overpriced but still wants to jump in, hoping it'll surge after opening. If all retail investors think this, that's $22.5 billion in selling pressure in just 5 minutes. Even if half of retail agrees, that's $11.5 billion. This doesn't include the $52.5 billion from underwriters who can sell anytime, adding more pressure. Compare that to the $110 billion trading volume ever seen for $NVDA. Averaging that over 390 minutes gives $282 million per minute, or $1.4 billion in 5 minutes. So, the $22.5 billion allocated to retail is 16 times the highest minute volume ever recorded. That's a lot of selling pressure. This is going to be wild to watch.

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