People are predicting the Space X IPO will crash the market. The S1 is already out and it's ugly, who is buying this stock?
u/Jimimaru88 ·
Reddit — r/wallstreetbets
· May 28, 2026 at 21:04
· ⬆ 277 pts
· 💬 295 comments
| View on Reddit ↗
AI Summary
Summary
Post author questions whether SpaceX IPO will crash the broader market, noting the S1 is “ugly” and asking if anything outside space stocks will budge.
Thesis is skeptical but lacks specific data; author admits being a noob, so the post is more a question than a trade proposal.
Quality: low-effort speculation, not well‑researched DD.
Top comments note RKLB is “up bigly” and that the SpaceX IPO “will take every space company up.” Broad retail and institutional enthusiasm for SpaceX spills into existing space stocks like RKLB due to sector correlation and forced ETF buying. Go long RKLB as a proxy for the SpaceX IPO hype, benefiting from momentum and potential inclusion in space‑themed ETFs. SpaceX IPO could disappoint or be delayed; RKLB already trades at extreme multiples; inverse Reddit sentiment may flip quickly.