BOOYAH! $SPCX IPO day is here! Let's talk about this table showing the 10 biggest U.S. IPOs and what happened next.

Here's the harsh truth: BIG IPOs almost always come at the WORST times! Look at the data — these monster deals tend to pop right before or during market chaos. Why? Because bankers rush to get them out when valuations are sky-high and investor appetite is frothy. Classic top-of-the-market behavior!

Facebook, Alibaba, Uber — all came public near cycle peaks or right into turbulence. The S&P 500 changes tell the story. You get the fanfare, the hype, the FOMO... then reality hits.

Does that mean you avoid ALL big IPOs? NO! Some turn into generational winners. But you better do your homework and not just chase the name recognition. Wait for the lockup expiration, watch the fundamentals, see if management can execute in ALL conditions — not just when the market's on fire.

$SPCX today? Be cautious. Don't overpay. If it's a real business with real growth and real margins, there will be better entry points. History says so!