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As anticipation builds around SpaceX’s IPO, space-related stocks have come under pressure. Rocket Lab fell nearly 7% on Wednesday, while AST SpaceMobile, Virgin Galactic, and Redwire extended their declines overnight. Short seller Steve Eisman has argued that SpaceX’s valuation is difficult to justify relative to Nvidia, and reports suggest institutional investors are increasingly positioning for weakness across the sector. With bullish enthusiasm surrounding the IPO colliding with growing skepticism, are RKLB and ASTS buying opportunities ahead of the listing—or is the smarter trade to stay bearish?

SpaceX Tumbles 6.8% Below $150 — 'Buy It and Don't Look at It.' Can the Space Rally Hold?

SpaceX (SPCX) slumped 6.83%, breaking below $150 as tech stocks retreated broadly. Analyst sentiment remains split — one expert projects the stock will eventually double but advises investors to "put it away, don't look at it," signaling extreme near-term volatility. Potential catalysts remain: xAI is targeting a new model release as early as Wednesday, and SPCX is accelerating toward index inclusion. Is this pullback an entry opportunity, or do you sidestep the volatility first?

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