Several traders position space-related tickers as a pre-IPO momentum trade, with some explicitly planning to short after the IPO, reflecting a buy-the-rumor sell-the-news playbook.
play the space theme for now into SpaceX IPO towards the upside but these stocks will be a great short opportunity after the IPO launch.
I don’t think I’m going to be buying the SpaceX IPO at the $2 trillion valuation.
Gonna wait until the dust settles.
SpaceX rumored IPO valuation: $2T
Something tells me gap closes a bit before arguably the most anticipated IPO in history.
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