3 Reasons Not to Buy SpaceX Stock Right Now
Key takeaways
- As of this writing, it s up 37% from the IPO price of $135, but it s 18% off its intraday high last week.
- I expect further volatility, since the price seems unconnected to the company s fundamentals.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Jennifer Saibil, The Motley Fool Mon, June 22, 2026 at 5:20 PM GMT+7 4 min read SPCX NVDA Space Exploration Technologies (NASDAQ: SPCX) debuted as the biggest initial public offering (IPO) ever, and the stock has already had some wild swings. As of this writing, it s up 37% from the IPO price of $135, but it s 18% off its intraday high last week.
I expect further volatility, since the price seems unconnected to the company s fundamentals. Here are three reasons not to buy it today.
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 »