SpaceX Investors Who Bought After the IPO Have Watched Their Gains Nearly Disappear. What Should They Do Now?

Yahoo Finance ·

Following a blockbuster initial public offering (IPO) that became the largest in stock market history, shares of Space Exploration Technologies ( SPCX 2.15% ) -- best known as SpaceX -- have cooled off. There was, to put it lightly, a lot of hype surrounding SpaceX's IPO, partly because of the promises it had sold to investors and partly because of the usual cult-like following of its CEO, Elon Musk . Once SpaceX began trading on June 12, tons of retail investors poured money into the stock. But now those gains have virtually disappeared for most investors who got in after the IPO. Considering the roller-coaster ride the stock has taken investors on so far, is now a time to jump ship until IPO-mania is over, or should investors embrace what many see as inevitable volatility? Any time there's a blockbuster IPO, high volatility is expected in its early trading days. A lot of it comes from people speculating and trying to make a quick dollar off the IPO pop before cashing out, rather than being left holding the bag. SpaceX has so far followed that trend.

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SpaceX의 상장은 사상 최대 규모 IPO로 초반 폭발적 관심을 모았으나, 6월 12일 거래 개시 이후 소매 투자자들의 매수 열기가 식으며 IPO 이후 진입자들의 수익이 거의 소멸했다. 블록버스터급 IPO 특성상 초기 과열과 급격한 변동성이 예상되며 단기 차익 실현을 노린 투기 수요가 급증했다가 빠르게 청산되는 양상이 나타난다. 단기적으로는 개인 투자자와 단기 트레이더에게 악재지만, 대규모 자금조달 자체는 SpaceX의 사업확장(Starlink·발사서비스)과 관련 산업에 장기적 성장자금을 제공할 가능성이 있다. 투자자들은 펀더멘털과 현금흐름을 확인해 단기 변동성 노출을 줄이는 전략을 재검토해야 한다.

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