How Hedge Funds Are Trading the SpaceX IPO

On June 11, 2026, SpaceX's retail IPO allocation was cut to the low 20% range, and prediction markets are pricing a $2 trillion market cap on debut. Lucas and Luna break down how hedge funds are positioning around one of the most anticipated public listings in history. They discuss the implications of a tight retail allocation, the role of prediction markets like Kalshi and Polymarket in pricing the offering, and the second-order effects on the broader IPO market. Plus, the hosts explore the unique risks of investing in a company with Elon Musk's leadership style and the potential for the stock to become a major index component. Episode 45 of The Hedge Fund Podcast with Fexingo. #SpaceX #IPO #HedgeFunds #ElonMusk #PredictionMarkets #Kalshi #Polymarket #RetailAllocation #MarketCap #IndexInclusion #TradingStrategy #Finance #Investing #FexingoBusiness #BusinessPodcast #HedgeFundPodcast #AlternativeInvestments #IPOAllocation Keep every episode free: buymeacoffee.com/fexingo