SpaceX is valued incredibly high with strong demand, but its post-IPO performance is uncertain due to hype and Elon Musk's track record, suggesting a 'wait' signal.
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#spacex #elonmusk #stocks #ipo I am not a financial advisor, this is not financial advice.
Jun 9, 2026
The creator discusses SpaceX's IPO, noting its high valuation and oversubscribed nature as a 'wait' signal. They compare it to Snowflake's successful IPO and Robinhood's underperformance. The creator expresses a cautious approach to trading IPOs, preferring to invest small amounts for fun or wait for a significant price drop before considering a larger investment.
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The creator mentions putting the same amount of money into GameStop as they might into SpaceX for 'fun.
Robinhood's IPO was undersubscribed and its stock tanked, serving as a cautionary tale for SpaceX's potential IPO.
SpaceX's high valuation and oversubscribed IPO are seen as a 'wait' signal, with the creator preferring to invest small amounts or wait for a significant price drop.
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