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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.
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.