Hedge funds and retail gamblers are lining up to turn the SpaceX IPO into another Gamestop pump and dump using something they call an "Index short squeeze". It's not technically a short squeeze, but they are betting that the Nasdaq index funds which are being fast tracked will squeeze the tiny float (4%) and cause the stock to sky-rocket: https://t.co/ltzTknJnY6 Cramer is predicting a $5 trillion IPO open which would be a 180% instant gain for hedge funds: https://t.co/j66RJN7yMT But here is where it gets interesting: The clamor to get allocated pre-IPO stock is so great that the IPO is ALREADY 2x over-subscribed and that will only grow next week. Which means hedge funds are RIGHT NOW crazy selling Tech stocks to raise cash: "Cramer also thinks the SpaceX IPO could be destructive for the rest of the stock market. Investors who want to participate may have to raise money by selling other stocks, and Cramer sees prime targets in Amazon, Microsoft, and Nvidia" Prepare for re-entry.