{"id":49401,"date":"2026-06-03T20:54:08","date_gmt":"2026-06-03T20:54:08","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/48183\/"},"modified":"2026-06-03T20:54:08","modified_gmt":"2026-06-03T20:54:08","slug":"%e3%82%b9%e3%83%9a%e3%83%bc%e3%82%b9x%e3%81%aeipo%e8%a6%b3%e6%b8%ac%e3%81%8c%e3%80%8c%e5%b8%8c%e5%b0%91%e6%80%a7%e3%83%97%e3%83%ac%e3%83%9f%e3%82%a2%e3%83%a0%e3%80%8d%e3%82%92%e6%8f%90%e5%94%b1","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/49401\/","title":{"rendered":"\u30b9\u30da\u30fc\u30b9X\u306eIPO\u89b3\u6e2c\u304c\u300c\u5e0c\u5c11\u6027\u30d7\u30ec\u30df\u30a2\u30e0\u300d\u3092\u63d0\u5531\u30011.75\u5146\u30c9\u30eb\u8a55\u4fa1\u306f\u5f93\u6765\u306e\u5c3a\u5ea6\u3092\u62bc\u3057\u5e83\u3052\u308b"},"content":{"rendered":"

SpaceX\u306e\u4e0a\u5834\u89b3\u6e2c\u306f\u3001\u5b87\u5b99\u958b\u767a\u306e\u7bc0\u76ee\u3068\u3044\u3046\u3088\u308a\u6d41\u52d5\u6027\u30a4\u30d9\u30f3\u30c8\u3068\u3057\u3066\u8a9e\u3089\u308c\u3066\u3044\u308b\u3002\u5831\u3058\u3089\u308c\u3066\u3044\u308bIPO\u4fa1\u683c\u306f1\u682a\u5f53\u305f\u308a135\u30c9\u30eb\u3067\u3001\u4f01\u696d\u4fa1\u5024\u306f\u7d041\u51467500\u5104\u30c9\u30eb\u306b\u9054\u3059\u308b\u8a08\u7b97\u3060\u3002\u3053\u306e\u524d\u63d0\u3067\u306f\u3001\u63a8\u5b9a\u53d7\u6ce8\uff08bookings\uff09\u304c186.7\u5104\u30c9\u30eb\u306b\u3068\u3069\u307e\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u58f2\u4e0a\u9ad8\u500d\u7387\uff08PSR\uff09\u3067\u7d0494\u500d\u3068\u3044\u3046\u6c34\u6e96\u3067\u306e\u8a55\u4fa1\u3068\u306a\u308b\u4e00\u65b9\u3001\u4e8b\u696d\u306f\u7d0450\u5104\u30c9\u30eb\u306e\u8d64\u5b57\u306b\u8fd1\u3044\u72b6\u614b\u3068\u3055\u308c\u308b\u3002\u30e2\u30fc\u30cb\u30f3\u30b0\u30b9\u30bf\u30fc\u304c\u793a\u3059\u5225\u306e\u8a55\u4fa1\u5c3a\u5ea6\u3067\u306f\u4fa1\u5024\u306f\u7d047800\u5104\u30c9\u30eb\u306b\u8fd1\u3044\u3068\u3055\u308c\u3001\u4e88\u60f3\u30ec\u30f3\u30b8\u306e\u5927\u304d\u3055\u304c\u969b\u7acb\u3064\u3002<\/p>\n

\u30c7\u30a3\u30fc\u30eb\u306e\u7269\u8a9e\u306f\u3001\u5f93\u6765\u306e\u30aa\u30da\u30ec\u30fc\u30c6\u30a3\u30f3\u30b0\u6307\u6a19\u3068\u3044\u3046\u3088\u308a\u3001\u5e0c\u5c11\u6027\u3068\u3001SpaceX\u304c\u885b\u661f\u901a\u4fe1\u3001\u9632\u885b\u95a2\u9023\u7528\u9014\u3001\u6253\u3061\u4e0a\u3052\u80fd\u529b\u3001AI\u306e\u91ce\u5fc3\u306b\u307e\u305f\u304c\u3063\u3066\u5360\u3081\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u306b\u4f9d\u62e0\u3057\u3066\u3044\u308b\u3002\u30aa\u30d5\u30a1\u30ea\u30f3\u30b0\u306f\u5168\u984d\u65b0\u682a\u767a\u884c\uff08\u30d7\u30e9\u30a4\u30de\u30ea\u30fc\uff09\u3068\u3055\u308c\u3001\u65e2\u5b58\u682a\u4e3b\u3067\u306f\u306a\u304f\u4f1a\u793e\u306b\u8cc7\u91d1\u304c\u5165\u308b\u69cb\u56f3\u3067\u3001\u516c\u958b\u5e02\u5834\u3078\u306e\u30a2\u30af\u30bb\u30b9\u304c\u8ffd\u52a0\u306e\u6253\u3061\u4e0a\u3052\u8a08\u753b\u3001\u885b\u661f\u914d\u5099\u3001\u901a\u4fe1\u30a4\u30f3\u30d5\u30e9\u6295\u8cc7\u306e\u8cc7\u91d1\u8abf\u9054\u3068\u76f4\u7d50\u3059\u308b\u3002\u672c\u6587\u306f\u3001\u516c\u958b\u4fa1\u683c\u304c\u8907\u6570\u306e\u5c06\u6765\u53ce\u76ca\u6e90\u306b\u5bfe\u3059\u308b\u9577\u671f\u30b3\u30fc\u30eb\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u675f\u3068\u3057\u3066\u6271\u308f\u308c\u3066\u304a\u308a\u3001\u793a\u5506\u3055\u308c\u308b\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u304c\u300c\u30a2\u30af\u30bb\u30b9\u304c\u4fa1\u683c\u898f\u5f8b\u3092\u4e0a\u56de\u308a\u59cb\u3081\u3066\u3044\u308b\u304b\u300d\u3092\u8a66\u3059\u30c6\u30b9\u30c8\u306b\u306a\u3063\u3066\u3044\u308b\u3001\u3068\u8ad6\u3058\u3066\u3044\u308b\u3002<\/p>\n

IPO As Volatility Event, Not Value Play<\/h3>\n

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\u60f3\u5b9a\u3055\u308c\u308b\u4f01\u696d\u4fa1\u50241\u51467500\u5104\u30c9\u30eb\u306f\u3001\u53d6\u5f15\u521d\u65e5\u304b\u3089\u30aa\u30d7\u30b7\u30e7\u30f3\u5e02\u5834\u306e\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3092\u4f8b\u5916\u7684\u306b\u9ad8\u3044\u3082\u306e\u306b\u3059\u308b\u3002\u7269\u8a9e\u304c\u4f1d\u7d71\u7684\u306a\u8ca1\u52d9\u30e2\u30c7\u30eb\u3092\u5b8c\u5168\u306b\u5727\u5012\u3057\u305f2020\u5e74\u306e\u30c6\u30b9\u30e9\u306b\u8fd1\u3044\u74b0\u5883\u3092\u60f3\u5b9a\u3057\u3066\u3044\u308b\u3002\u3064\u307e\u308a\u3001\u30aa\u30d7\u30b7\u30e7\u30f3\u30fb\u30d7\u30ec\u30df\u30a2\u30e0\u306f\u975e\u5e38\u306b\u5272\u9ad8\u306b\u306a\u308a\u3084\u3059\u304f\u3001\u521d\u671f\u306e\u71b1\u72c2\u304c\u3044\u305a\u308c\u30ec\u30f3\u30b8\u5185\u306b\u53ce\u308c\u3093\u3059\u308b\u3068\u898b\u308b\u306a\u3089\u3001\u30a2\u30a4\u30a2\u30f3\u30fb\u30b3\u30f3\u30c9\u30eb\u306e\u3088\u3046\u306a\u6226\u7565\u3067\u30d7\u30ec\u30df\u30a2\u30e0\u3092\u58f2\u308b\u6a5f\u4f1a\u304c\u751f\u307e\u308c\u308b\u3002<\/p>\n

Trading Opportunities And Risks In The Scarcity Premium<\/h3>\n

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\u3053\u306e\u300c\u5e0c\u5c11\u6027\u30d7\u30ec\u30df\u30a2\u30e0\u300d\u2014\u6295\u8cc7\u5bb6\u304c\u5229\u76ca\u3067\u306f\u306a\u304f\u30a2\u30af\u30bb\u30b9\u3092\u8cb7\u3046\u72b6\u6cc1\u2014\u306f\u3001\u682a\u4fa1\u3092\u9577\u671f\u306b\u308f\u305f\u308a\u73fe\u5b9f\u304b\u3089\u4e56\u96e2\u3055\u305b\u5f97\u308b\u30022024\u5e74\u3092\u901a\u3058\u305f\u30a8\u30cc\u30d3\u30c7\u30a3\u30a2\u3067\u898b\u3089\u308c\u305f\u3088\u3046\u306b\u3001\u682a\u4fa1\u304c\u4f55\u30ab\u6708\u3082\u91cd\u529b\u306b\u9006\u3089\u3046\u304b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3059\u308b\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3060\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u5f53\u793e\u306f\u9577\u671f\u306e\u30a4\u30f3\u30fb\u30b6\u30fb\u30de\u30cd\u30fc\uff08ITM\uff09\u30b3\u30fc\u30eb\u3092\u3001\u7269\u8a9e\u305d\u306e\u3082\u306e\u306e\u6301\u5206\u3092\u30ec\u30d0\u30ec\u30c3\u30b8\u3057\u3066\u4fdd\u6709\u3059\u308b\u624b\u6bb5\u3068\u3057\u3066\u691c\u8a0e\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u540c\u6642\u306b\u3001\u5b8c\u74a7\u3055\u3092\u7e54\u308a\u8fbc\u3093\u3060\u8a55\u4fa1\u306e\u4f01\u696d\u306f\u6975\u3081\u3066\u8106\u3044\u3002\u5927\u898f\u6a21\u306a\u6253\u3061\u4e0a\u3052\u7570\u5e38\u3084\u3001\u30b9\u30b1\u30b8\u30e5\u30fc\u30eb\u5909\u66f4\u3092\u793a\u5506\u3059\u308b\u6295\u7a3f\uff08\u30c4\u30a4\u30fc\u30c8\uff09\u3068\u3044\u3063\u305f\u5358\u4e00\u306e\u30cd\u30ac\u30c6\u30a3\u30d6\u30fb\u30ab\u30bf\u30ea\u30b9\u30c8\u3067\u3001\u6025\u6fc0\u306a\u8abf\u6574\u304c\u8d77\u3053\u308a\u5f97\u308b\u3002\u5f53\u793e\u306f\u3001\u4f4e\u6c34\u6e96\u306e14\u8fd1\u8fba\u3067\u63a8\u79fb\u3057\u3066\u3044\u308bVIX\u304c\u6025\u9a30\u3059\u308b\u5c40\u9762\u3092\u6ce8\u8996\u3057\u3001\u4e2d\u671f\u306b\u5411\u3051\u305f\u30d7\u30ed\u30c6\u30af\u30c6\u30a3\u30d6\u30fb\u30d7\u30c3\u30c8\u69cb\u7bc9\u3092\u958b\u59cb\u3059\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u306e\u30b7\u30b0\u30ca\u30eb\u3068\u3057\u3066\u6349\u3048\u308b\u65b9\u91dd\u3060\u3002<\/p>\n\n\n

\u4eca\u3059\u3050\u53d6\u5f15\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 \u2014 VT Markets\u306e\u30ea\u30a2\u30eb\u53e3\u5ea7\u3092\u958b\u8a2d\u3059\u308b\u306b\u306f\u3053\u3061\u3089<\/a>\u3092\u30af\u30ea\u30c3\u30af\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/b><\/p>","protected":false},"excerpt":{"rendered":"

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