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But we saved everything 🙂.
James Van Straten suggests that space company SpaceX could exhibit a similar pattern to Circle and CoreWeave following their initial public offerings, with strong market gains for about two months after launch followed by a decline.
He highlights the presence of significant incentives and hype to support the stock at launch, especially given immediate inclusion into indexes.
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Van Straten has recently tracked key trends across assets and companies. He observed that markets anticipated a Federal Reserve rate hike as strong capital spending reduced recession risks. In a separate note, he pointed to STRC’s resilience as it rebounded off its 200-day average despite bitcoin weakness. These insights add context to his latest comments on post-IPO trading patterns.