The SpaceX IPO was one of those mornings where nothing went the way I wanted it to go.
I went into it with a plan…. My goal was simple. I wanted to get a good amount of shares, watch the early price action, and possibly make a quick trade. I knew there was going to be hype around SpaceX, but I still thought I had a chance to get in and make a smart move.
Then reality hit.
I paid for a good amount of shares and found out on the day of the IPO that I only got one share. One. That was frustrating by itself. Then, to make it worse, I was in an area with bad reception. So while SpaceX was launching on the stock market, I could barely see what the price was doing.
That is not the kind of morning you want when you are trying to trade one of the biggest IPOs in history.
On top of that, Robinhood and other trading platforms were dealing with crashes, lag, and heavy traffic because so many people were trying to get in at the same time. It was a rough morning, folks. But that is the market. Sometimes you have a plan, and the market laughs at it.
Still, even with the frustration, it was cool to watch history happen.
SpaceX priced its IPO at $135 per share and raised about $75 billion, making it one of the largest IPOs ever. That is a major moment for the stock market, for the space industry, and for everyday investors who have been waiting years to get a shot at owning part of SpaceX.
Now I know Elon Musk is a controversial person. A lot of people do not like him politically. Some people do not like how he talks, how he moves, or how much attention he gets. I understand that. But we also have to be honest.
To say SpaceX is not a serious company or not a strong long term investment idea is just not true in my opinion.
SpaceX has changed the space game. The company has built reusable rockets, expanded Starlink internet, won major contracts, and made space feel more realistic for the future. No matter how you feel about Elon Musk personally or politically, you cannot ignore what SpaceX has done and will do.
That does not mean everyone should run out and buy the stock right now.
This is where I would be careful. When a stock has this much hype, everybody wants in at the same time. That can push the price up fast, but it can also create a lot of wild swings. IPOs can be emotional. People buy because they do not want to miss out. Then, once the hype cools down, the stock starts showing its real personality.
That is why I believe investors should be patient. A lot of times you do not really see the true price action until months later. I usually like to watch how a new stock acts over the next three to six months. By then, the early excitement slows down, big investors adjust their positions, and the market starts treating the company more like a real business instead of a shiny new toy.
For short term traders, the SpaceX IPO may have been stressful. It definitely was for me. Between the small share allocation, bad reception, and trading platform issues, it was not the smooth morning I hoped for.
But for long term investors, this may just be the beginning.
SpaceX is not just a rocket company anymore. It is tied to space travel, satellite internet, government contracts, technology, and possibly the future of global communication. That does not mean the stock cannot drop. It can…. It also does not mean the valuation is cheap. It is not.
But if you believe in the future of space, Starlink, and long term innovation, SpaceX is a company worth watching.
My advice is simple…Do not let hype rush you. Do not let politics blind you. And do not feel like you missed your only chance just because the IPO already happened.
If you are looking at SpaceX from a long term standpoint, you still have time.
