SpaceM

Longbridge AI 发布会

$SK Hynix - WI(SKHYV.US)

$SpaceX(SPCX.US)$Tesla(TSLA.US)

Join the Space M team

https://activity.lbmkt.ing/pages/activities/option/ZD1779967803?channel=HM00522&team_id=44810&invite-code=404628&locale=zh-CN&utm_source=longbridge_app_share

Opened the account and took a look, what the heck is this?🤦‍♂️

$Tesla(TSLA.US)

AI infrastructure stocks are rising, and physical AI Tesla is holding steady. There's not much activity in the community either. It's particularly quiet.

- DELL: 234%

- HPE: 79%

- MU: 240%

- SNDK: 614%

- DRAM (ETF): 128%

- ARM: 223%

- QCOM: 47%

- AMD: 141%

- AVGO: 29%

- MRVL: 141%

- SOXX (ETF): 89%

Just now, both brokerage firms held conference calls with analysts and announced the penalty amounts. Overall, the two types of regulatory actions this time—fines and stock clearance—are relatively mild:

Fines: The pre-processing fine amounts for both institutions have been publicly announced, which are overall lower than market expectations (Futu: 1.85 billion yuan, Tiger Brokers: 410 million yuan).

Stock Clearance: This control measure is centered on the actual place of residence (physical jurisdiction). Overseas trading and fund transfers for existing mainland clients are unaffected; on the domestic platform, only selling and fund withdrawals are allowed.

Details of Stock Clearance: It does not require mainland clients to liquidate their stocks and close accounts within two years. Instead, after two years, domestic web servers will be shut down, prohibiting trading within the mainland. Clients located overseas can still deposit funds and trade normally.

Scope of Application: The new regulations apply to all overseas institutions, covering all overseas financial entities providing securities services to mainland clients. It is not only targeting Futu and Tiger Brokers but also includes overseas banks offering securities-related services.

Longbridge, being a non-listed company, should face relatively lighter penalties, and it's estimated that it won't be required to disclose them. In short, after two years, it's the crypto treatment—use a VPN.

$Futu(FUTU.US) $UP Fintech(TIGR.US)

Just support it once$Futu(FUTU.US)

$Tesla(TSLA.US)

Haven't talked about Tesla for a long time. Little Tesla is probably going to explode soon, right?

Last time I was in Hangzhou, I unlocked FSD through a module, which should be a version between V12-13. In actual testing, it was more human-like than Huawei or Li Auto. When I took friends to Longjing, they completely didn't realize I wasn't driving.

Buy when no one is interested, sell when it's all the rage.

Duan Yongping's top five holdings (by weight):

• AAPL (Apple): 36.72% (Largest holding, still the core position, but reduced quarter-over-quarter)

• BRK.B (Berkshire Hathaway Class B): 21.91% (Second largest, a defensive core holding)

• NVDA (NVIDIA): 12.07% (Third largest, significantly increased allocation for AI computing power)

• Pinduoduo: 10.09% (Fourth largest, buying more as it falls)

• TSLA (Tesla): 6.34% (Newly entered as the fifth largest)

AI Full Industry Chain ETF Purchase Guide

(For personal use only, please do not buy recklessly)

$Roundhill Memory ETF(DRAM.US)

The "cheap era" for memory chips is over. It's not temporary; it's structural.

It has gone from a "cyclical gamble" to a sector that can be held for the long term. Sell off the options, and keep holding the underlying shares.

SpaceX IPO reserves 30% for retail investors, Musk is genuinely helping ordinary people this time.

Everyone knows the unwritten rules of US stock IPOs: when a good company goes public, institutions get the meat, retail investors get the broth. Retail investors typically only get allocated 5%-10% of the shares. By the time you can buy in, the first wave of gains has already been scooped up by the institutions.

But this SpaceX IPO is different. Musk wants to reserve 30% of the IPO shares for retail investors. This isn't just for show. He's serious.

According to Reuters, SpaceX plans to IPO with a valuation of around $1.75 trillion, raising up to $750 billion—if successful, it would surpass Saudi Aramco's $294 billion record from 2019 to become the largest IPO in human history.

In this deal, Musk's team is pushing to allocate 20%-30% of the shares to individual investors. Based on $750 billion, 30% is $225 billion directly accessible to ordinary people.

When Facebook went public in 2012, it only gave retail investors about 15%, which was already called "unprecedentedly retail-friendly" by the media. SpaceX is doubling that.

The execution is also practical: Bank of America handles the high-net-worth client channel, while Morgan Stanley covers ordinary retail accounts through E*TRADE. These two pipelines ensure the shares actually reach individual investors' hands, not just get snatched up by institutions under a different name.

Why is Musk doing this? Honestly, any other CEO would never do this. Giving shares to institutions, locking in large orders, ensuring a smooth IPO day—that's the standard Wall Street playbook.

But Musk never plays by the rules.

Recall the Tesla story. During the 2020 surge, it wasn't Goldman Sachs or BlackRock that held off the short sellers; it was the millions of retail investors holding onto their few hundred or thousand shares, refusing to sell. They encouraged each other on Twitter, analyzed fundamentals on forums, and voted with their real money. Throughout Tesla's rise from $40 to $400, retail investors were the most steadfast allies.

Musk remembered that. Musk doesn't want "smart money"; he wants "conviction money." And history has shown that conviction money often holds on longer than smart money.

What does this mean for retail investors?

This might be the first time ordinary investors get a truly meaningful allocation in a super-unicorn IPO.

SpaceX's fundamentals also justify this trust. Starlink is already profitable, with 2025 revenue projected to exceed $120 billion, covering over 100 countries globally. Starship holds long-term NASA contracts, with commercial launch orders booked into the year after next. This isn't a company burning cash on stories; it's a space infrastructure giant with real cash flow, technological moats, and government backing.

Of course, a $1.75 trillion valuation isn't cheap, and the subscription threshold and lock-up period details haven't been announced yet. But the mere act of "reserving 30% for retail" has already changed the game.

For decades, wealth distribution in the IPO market has been tilted towards institutions. Retail investors are always the last to the table, and by the time you sit down, the good dishes are already gone.

This time, Musk has at least left a few hard dishes on the table.$Tesla(TSLA.US)