514 million $SPCX shares traded today. SpaceX IPO'd 555 million shares total.

Nearly the entire float changed hands in one session.

This is what happens when you take a cult brand public after years of pent-up demand. Retail FOMO meets institutional positioning meets momentum algos.

Volume spikes like this rarely end well for late buyers. The people selling into this frenzy? They're not dumb.

If you're chasing here, ask yourself: what do I know that the guy unloading his position doesn't?