---
title: "What \"should I subscribe at 135\" actually means"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000716612.md"
description: "Most people are debating the SpaceX IPO as a ticker. The better question is what the 1.75 trillion price tag asks you to believe. Two engines The launch business is a near-monopoly: reusable rockets, ..."
datetime: "2026-06-05T07:38:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000716612.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000716612.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000716612.md)
author: "[定D来](https://longbridge.com/en/profiles/17942172.md)"
generator: "portal-rs"
---

# What "should I subscribe at 135" actually means

Most people are debating the SpaceX IPO as a ticker. The better question is what the 1.75 trillion price tag asks you to believe.

### Two engines

The launch business is a near-monopoly: reusable rockets, Falcon 9 cadence, real profit. Defensible. The second engine is Starlink and Starship economics, where most of the valuation sits and where execution is still being written.

### So, subscribe at 135?

Subscribing at the offer is really a bet that the second engine compounds fast enough to justify paying up before the market settles and before lockups expire. If your horizon is a decade, day-one price matters less. If you are chasing the pop, that is a different and riskier game. Separate the company you admire from the price you are asked to pay.

### Related Stocks

- [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md)
- [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**