Key insights
- The author anticipates a rise in space-related stocks (ASTS, PL, RKLB) prior to the SpaceX IPO due to increased hype and investor interest in the space industry. They believe the SpaceX IPO will legitimize the sector, benefiting smaller, undervalued space companies. This is a bullish sentiment based on speculative trading and sector validation.
Before Space-X IPOs, I was thinking all space stocks like ASTS, PL (My favorite by far), RKLB, etc will go up bc:
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Hype. People will want to buy anything related to the biggest IPOs launch in history.
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Space as a business industry will be more developed transitioning from promising stocks like RKLB and ASTS (that are sure interesting but have a long way to go) to Space X that has 4 companies in 1 space stock.
I know Space X IPOs is overpriced, but I believe other stocks are not.
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