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Should You Buy SpaceX Stock This Week or Wait for the Hype to Die Down?

The Motley Fool·
Should You Buy SpaceX Stock This Week or Wait for the Hype to Die Down?

SpaceX stock surged 58% from its $135 IPO price, driven by investor optimism about future businesses like Starlink and xAI rather than current fundamentals. The article suggests long-term investors should wait for volatility to subside before buying, comparing SpaceX's trajectory to Tesla, which experienced significant price swings before stabilizing. While SpaceX dominates commercial space launches, its $3 trillion valuation is based on Elon Musk's ambitious $1 trillion revenue prediction by 2030.

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