I'd Wait 90 Days Before Buying More SpaceX Stock. Here's Why.
Key takeaways
- The stock experienced a nice run-up in its first few trading days but has since been on a downward trajectory.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Regardless of how SpaceX pans out over the next few weeks, I wouldn't consider investing in SpaceX (or adding more shares) for another 90 days.
Stefon Walters, The Motley Fool Sat, June 27, 2026 at 10:05 PM GMT+7 4 min read SPCX NVDA No stock has been discussed as much over the past few weeks as Space Exploration Technologies (NASDAQ: SPCX), or Space X, as the company set an initial public offering (IPO) record, raising $75 billion and being valued at $1.77 trillion.
The stock experienced a nice run-up in its first few trading days but has since been on a downward trajectory. As of market close on June 23, Space X's stock was down 3% since its IPO. Many investors expected the volatility it has been experiencing, but it may be sooner than expected.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »