diff --git a/inbox/queue/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md b/inbox/null-result/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md
similarity index 98%
rename from inbox/queue/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md
rename to inbox/null-result/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md
index f459a7726..580e886a0 100644
--- a/inbox/queue/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md
+++ b/inbox/null-result/2026-05-02-spacex-ipo-prospectus-timeline-june-nasdaq.md
@@ -7,11 +7,12 @@ date: 2026-04-27
 domain: space-development
 secondary_domains: [internet-finance]
 format: article
-status: unprocessed
+status: null-result
 priority: medium
 tags: [spacex, ipo, starlink, valuation, nasdaq, timeline, capital-markets]
 intake_tier: research-task
 flagged_for_rio: ["SpaceX IPO at $1.75T valuation is the largest-ever IPO and the primary test case for whether space economy capital formation can occur at civilizational scale. Rio should evaluate the IPO mechanics, retail allocation (30%), and ARK's $1.75T floor argument."]
+extraction_model: "anthropic/claude-sonnet-4.5"
 ---
 
 ## Content