Someone Bet $8 Million on Tesla and Meta the Night Before SpaceX Went Public

SpaceX goes public today and the options tape had two very different bets placed the night before. Someone dropped $3.3 million in Tesla calls expiring in six days betting the Musk halo effect from SpaceX spills directly into Tesla shares. JP Morgan just upgraded Tesla to neutral with a $475 target, which sits above the call strike. And $350 billion in demand for a $75 billion raise means SpaceX could open 27 to 30 percent above the IPO price. The Meta trade is completely different. $5.2 million in calls going 70 days out on a stock trading 29 percent below its all-time highs. Revenue of $55.5 billion, 41 percent operating margins, 1 billion Meta AI users, and Llama with 1.2 billion downloads. Meta is an AI company the market is not calling an AI company. That is the bet. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 SpaceX opens today under SPCX 0:37 Tesla: $3.3M in calls expiring in 6 days 1:09 The Musk halo effect thesis explained 1:59 Tesla and xAI: the SpaceX connection 2:48 JP Morgan upgrades Tesla to $475 target 3:05 Risk: Morningstar says SpaceX fair value is $63 4:23 Meta: $5.2M in calls going 70 days out 5:04 Meta at 29% below all-time highs 5:30 Revenue margins cash and AI users 6:19 Meta is an AI company nobody is calling an AI company 7:13 Tesla vs Meta: event trade vs rerating trade 7:55 Tim Knight got 24 SpaceX shares out of 1000 requested #Tesla #Meta #SpaceXIPO #OptionsTrading #SignalVsNoise #tastylive #TSLA #MuskHaloEffect tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disc