Retail SpaceX Buyers Stay Bullish Despite IPO Volatility
TL;DR
Retail traders who bought SpaceX on its IPO say they remain bullish despite the stock’s post-IPO slide. Some took small profits on day one and plan to buy the dip, while others hold long-term positions, viewing SpaceX as a logistics or tech-enabled company with strong upside. Bets ranged from modest UK and UAE investors scaling in, to a Reddit user risking a large Roth IRA, all anchored by faith in Musk’s ability to navigate volatility and drive SpaceX’s long-term value, even as the current valuation appears rich.
- 'Elon always has a trick up his sleeve': How SpaceX investors are handling the post-IPO roller coaster Business Insider
- 'The cult of Elon': SpaceX investors grapple with volatility amid big swings CNBC
- Business The Economist
- Elon Musk loses trillionaire status after tech sell-off erases billions from fortune Fox Business
- SpaceX stock returns to Earth after record IPO Los Angeles Times
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