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Charles Gasparino, senior correspondent at Fox Business, suggests that SpaceX shares could lose steam after the early enthusiasm seen on Wall Street.
Gasparino indicates that investors should not be surprised if the strong initial demand for SpaceX subsides.
Gasparino has previously commented on shifting investor strategies following sharp declines. He reported that Bill Pulte would likely distance himself from meme investing and avoid ties to BBBYQ and AMC. In another report, Gasparino discussed the impact of the Andrew Left conviction on the practice of short selling.