When xAI IPOs under ticker SPCX, the trade is to go long SPCX (Elon's xAI) and short Anthropic/OpenAI.
Believes xAI (Elon) will outperform Anthropic/OpenAI (Dario/Sam) when xAI goes public; framed as obvious directional play.
When they IPO, the obvious trade will be: Long: $SPCX (xAI) Short: Anthropic/OpenAI In other words... Long: Elon Short: Dario/Sam
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.0% | +0.0% |
| 1 week | -19.7% | -18.3% |
| 1 month | -27.7% | -27.0% |
| 3 months | — | — |
| 6 months | — | — |