There could well be an initial rise because a lot of large funds / pensions are forced to buy under their mandates.
But there will be a lot of SpaceX executives / staff / insiders looking to cash out their shares.
Fundamentally it’s not worth the price in my opinion so will be 50% or lower once the dust settles by the end of the year.
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Musk and the SpaceX IPO - Tarpaulin_Alan June 5, 2026, 8:16 am
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