Retail SpaceX Buyers Stay Bullish Despite IPO Volatility

1 min read
Source: Business Insider
Retail SpaceX Buyers Stay Bullish Despite IPO Volatility
Photo: Business Insider
TL;DR Summary

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.

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