Sloth16
06-07

As anticipation builds around SpaceX’s IPO, space-related stocks have come under pressure. Rocket Lab fell nearly 7% on Wednesday, while AST SpaceMobile, Virgin Galactic, and Redwire extended their declines overnight. Short seller Steve Eisman has argued that SpaceX’s valuation is difficult to justify relative to Nvidia, and reports suggest institutional investors are increasingly positioning for weakness across the sector. With bullish enthusiasm surrounding the IPO colliding with growing skepticism, are RKLB and ASTS buying opportunities ahead of the listing—or is the smarter trade to stay bearish?

SpaceX Slides for Third Day to $185 — Time to Exit?
SpaceX (SPCX) fell another 3.56% today, retreating to $185 as IPO euphoria rapidly fades. Analyst sentiment has shifted cautious, with calls to 'sell based on historical IPO patterns' and advice for long-term holders to 'take profits into strength.' The first sell rating has emboldened bears, while questions over AI disrupting its core business add pressure. From a post-IPO surge to three straight losses — do you sell the next bounce, or wait for a deeper pullback to buy in?
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