Gagan Rajpal
06-07

*SpaceX IPO Countdown Hammers Space Stocks — Long or Short?* 🚀

SpaceX keeps teasing an IPO “someday” but every rumor sends space stocks swinging. Right now the “countdown” chatter is hitting tickers like $RKLB, $ASTR, $SPCE, $REDW hard. Why? Retail FOMO + rotation.

*The bull case - Long:*

If SpaceX files for IPO, it validates the whole commercial space thesis. Starship progress, Starlink cash flow, and government contracts make SpaceX the “Apple of space”. That hype lifts the entire sector. Funds that can’t buy private SpaceX will rotate into the closest public proxies like Rocket Lab $RKLB. An IPO also brings liquidity + media attention = more eyeballs on space. For long-term believers, dips on rumors are entry points.

*The bear case - Short:*

Most space SPACs are still burning cash with no profit. SpaceX IPO news actually steals the spotlight. Why buy a loss-making small launch company when you can finally own the real deal? That’s why you see space ETFs drop on SpaceX headlines. Plus “IPO soon” rumors have been around since 2019. If it’s another false alarm, stocks that pumped will get sold fast.

I’m not trading this on rumors alone. Space is high-risk, high-reward. If you’re long, size small and expect volatility. If you’re shorting, respect how fast hype moves.

SpaceX IPO Day! BlackRock Eyes $5B Order, Will You Buy on Day One?
SpaceX is set to officially IPO today! Bloomberg reports BlackRock's subscription order targets approximately $5 billion. Meanwhile, some retail investors are rotating out of chip names including Micron, Qualcomm, and Broadcom to fund their IPO allocations. Space-sector proxies surged in anticipation, with Rocket Lab (RKLB) leading gains at 9.26%. Markets widely view this landmark offering as both a liquidity drain and a structural signal for the industry. Will you buy SpaceX on day one, position via proxies like RKLB, or wait for the hype to fade before entering?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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