RESOLUTION CRITERIA
Market will resolve to 5x the % change in stock price between market open and close that occurs on the next market day after an attempted Starship upper stage catch.
I use Scwabb as a brokerage but I am open to other sources of your suggestion if there appears to be any discrepancy. I will resolve to the nearest whole number.
1st Ship catch attempt is defined as the first flight of starship where a deorbit burn is committed putting starship on a trajectory towards the tower with the possibility of a catch.
Any value resulting from the Market’s formula greater than 100% will resolve as 100%.
CONTEXT
5x was decided upon as the largest single day move of the stock price was +19.2% on the day of its IPO. Meaning if you think it will move in a single day more than it ever has you would buy YES up to 100%.
See also my other open market where the definition of the 1st starship catch attempt used here comes from and the lengthy debate that spawned it.
/RyanTyznar/will-starships-upper-stage-be-caugh
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