The Trader's Dilemma: Should I FOMO into SpaceX or wait for a pullback?
The Case For Buying Now: Index tracking funds must hold the correct weight. That means $Invesco QQQ(QQQ)$ will be forced to buy USD 12.4 billion to USD 15.5 billion worth of SpaceX stock.
SpaceX has recently been locked in AI compute deals which include a fresh USD 1.11 billion a month contract aimed at increasing their annual recurring revenue towards USD 100 billion by end of 2026.
The Case For Waiting: There is SpaceX Lockup Expiration from late September to November. While August unlocks did not trigger a selloff , a tidal wave of fresh Space X stocks is about to hit the markets.
My Take: I will keep an eye for upcoming insider share unlocks to create a dip & scoop up my seat on the Mars rocket during a pullback.
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