SpaceX's first day of trading closed at $161, up about 19% from the $135 IPO price, with trading volume setting one of the record highs in IPO history, directly boosting market sentiment.

In the short term, this surge seems to be driven by a combination of the "Elon Musk effect + scarce assets + FOMO capital." As one of the world's most watched unicorns, SpaceX has finally entered the capital markets, with a large influx of previously inaccessible funds pushing up its first-day performance.

But in the long run, the true determinants of the stock price are not the initial gains, but two things:

🚀 Whether Starlink can continue to expand its profitability;
🚀 Whether Starship can realize its future commercial spaceflight potential.

The current valuation of over $2 trillion already factors in a lot of future expectations. Moving forward, the market will shift from "storytelling" to "performance."

My view is:
SpaceX may be one of the greatest tech companies of the next decade, but a great company doesn't necessarily always mean a cheap price.

Do you think buying SpaceX now is an investment in the future, or paying for FOMO?

#我的Gate交易时刻 #SpaceX认购规模超2500亿美元