@belangertrading: SpaceX goes public — the biggest IPO in history. Here’s what most people are about to get wrong: buying it isn’t one decision, it’s two. Day one is its own animal. When a famous company finally opens to the public, everyone piles in at once and the price usually pops — the average IPO since 1980 jumps about 19% out of the gate. That’s the “pop” trade. The “hold” trade is a different story. Across 9,000+ IPOs, the average one trailed a plain index fund by roughly 20% over its first three years. The hype gets you in. The math shows up later. So before you tap buy, get clear on which trade you’re actually making — because they don’t end the same way. **Not investment advice and data used from Jay Ritter’s IPO data, U. Florida is the standard