I drive for a living. Between loads, I read.
Last week, a YouTube ad caught me at a truck stop. Brownstone Research, $149/year, running two pitches at once — "the company that owns billions of SpaceX shares" AND "the next Nvidia." I almost paid it.
Then I remembered: I have a free research analyst sitting in my cab.
30 minutes of digging turned up everything they were teasing. But I went one step further. Instead of just decoding the names, I built the actual playbook: how to size the trade, when to sell, when to hold. Here it is. Free.
The SpaceX IPO Playbook
Three buckets. Eleven tickers. One clear plan for both the IPO event and the long-term space-economy compound.
Allocation Breakdown (% of your speculative bucket)
Ticker | % | Strategy |
RONB | 30% | Accumulate now → Sell half at IPO peak → Hold rest |
SATS | 20% | Accumulate now → Sell all within 1 month after IPO |
BPTRX | 15% | Buy and hold long-term |
BN | 10% | Buy and hold long-term |
MRVL | 15% | Buy and hold long-term (separate AI thesis) |
Supplier basket | 10% | Buy and hold long-term, equal-weighted |
Bucket 1 — Accumulate → Sell half at IPO peak → Hold rest
RONB — 30%
Now: Accumulate aggressively until IPO day.
At IPO peak: Sell 50% via intraday limit order.
After: Hold the remaining 50% as core SpaceX exposure.
Why: Direct SpaceX shares wrapped in an ETF with intraday liquidity. Perfect for both the IPO trade AND the long-term hold.
Bucket 2 — Sell fully within 1 month of IPO (pure event capture)
SATS — 20%
Now: Accumulate.
At IPO: Sell 50% at peak.
Within 30 days: Sell the remaining 50%.
Why exit: EchoStar's value is propped up by its SpaceX stake getting marked to IPO price. Once that re-rating happens, the catalyst is done. You're left holding their legacy satellite/spectrum business with its debt load — not what you signed up for. Take the gain and exit.
Bucket 3 — Buy and hold long-term (compounds regardless of IPO timing)
BPTRX — 15%
Now: Accumulate.
At IPO: Do nothing — mutual fund, no intraday selling.
Long-term: Hold. Baron has held SpaceX for years and will keep compounding it.
Why: Highest SpaceX concentration in any retail vehicle. Baron's conviction holdings are long-term wealth builders, not trade vehicles.
BN (Brookfield) — 10%
Now: Accumulate.
Long-term: Hold 5+ years.
Why: Brookfield is a quality compounder on its own. The $2B SpaceX stake is upside, not the whole thesis.
MRVL — 15%
Now: Accumulate.
Long-term: Hold 5+ years.
Why: Different thesis entirely — AI infrastructure custom silicon. The Nvidia partnership compounds over years, not weeks. This is Brownstone's "next Nvidia" pick, decoded. Don't sell it into SpaceX IPO noise.
Supplier basket — 10%, equal-weighted
Tickers: RKLB, KTOS, HEI, RDW, STM, TMUS
Now: Build positions across all six.
Long-term: Hold.
Why: The space economy is a multi-decade theme. These benefit from SpaceX launch cadence, Starlink expansion, and broader space-defense capex continuously — not just at IPO. Let them compound.
Execution Timeline
Now → IPO Day
Open and fund a broker account (Schwab, Fidelity, or Interactive Brokers all work — see broker note below)
Place limit orders on all 11 tickers — never market orders for this
Heaviest accumulation: RONB and SATS — your IPO-event plays
Build BPTRX, BN, MRVL, and the supplier basket as core long-term positions
Add to RONB and SATS on any market dips between now and IPO
IPO Day
Watch SpaceX opening print and the first 1–2 hours of trading
Sell 50% of RONB into strength (intraday limit order)
Sell 50% of SATS into strength (intraday limit order)
Don't touch BPTRX, BN, MRVL, or the supplier basket
Screenshot your gains. You earned this.
IPO Day +1 to +30 Days
Watch SATS for any continued strength → sell remaining 50% within the month
Monitor RONB but don't sell more — let the other half ride
Optional: redeploy SATS proceeds into direct SPCX shares once it's tradeable on your broker
Long-term (3+ months)
BPTRX, BN, MRVL, supplier basket — leave alone, rebalance once a year
RONB remaining 50% — hold as core SpaceX exposure
Re-evaluate the whole speculative bucket annually
A note on brokers
This playbook works on any broker that supports mutual funds, ETFs, and individual stocks. Three I'd recommend, in order:
Charles Schwab — covers all 11 tickers including BPTRX, fractional shares, mature platform
Fidelity — the strongest Schwab alternative. Full broker, mutual funds easy, great app
Interactive Brokers (IBKR) — for active traders. Lowest commissions, deepest tools, all tickers available
E*TRADE and Vanguard also work. Robinhood notably does NOT carry mutual funds — if you're on it, you'll need a second account for BPTRX. SoFi works for individual stocks and ETFs but check mutual fund coverage.
Summary card
Strategy | Tickers | % |
Accumulate → Sell half at IPO → Hold half | RONB | 30% |
Accumulate → Sell all within 1 month of IPO | SATS | 20% |
Buy and hold long-term | BPTRX, BN, MRVL, supplier basket | 50% |
Any solid broker. All limit orders. No interval funds. No NAV-premium funds. No 20-month lockups.
Why I started LampStand
I'm a working trucker. I run LAMP Logistics — a real operating company. Between loads I build software, prop-trade futures, and watch every "next Nvidia" YouTube ad scroll past me at truck stops.
The financial newsletter racket sells $79–$2,500 subscriptions to reveal stock picks identifiable in 30 minutes of public research. Most readers don't have 30 minutes. I do — between loads.
So I publish the playbook. Free, every week. Real positions disclosed. No affiliate links. No broker kickbacks. No upsells.
If you're sitting in a similar seat — running things, trading on the side, tired of being marketed to — LampStand is for you.
Forward this to one person who'd want it. That's the only ask on day one.
— AL
LampStand
Positions disclosed: Author holds positions in RONB, SATS, BPTRX, BN, MRVL, and the supplier basket (RKLB, KTOS, HEI, RDW, STM, TMUS). No affiliate relationships with any broker or company mentioned. Broker recommendations based on personal use — no commissions, no kickbacks. Author operates LAMP Logistics; building Echo IQ, EchoIQ Grants, Pristine Coach / Victory Protocol Academy, Nex Capital Funded, MoneyFlow.
Not financial advice. This is one operator's research and personal positioning. Do your own work. Most stocks lose money for most investors.