Before Space-X IPOs, I was thinking all space stocks like ASTS, PL (My favorite by far), RKLB, etc will go up bc:
1) Hype. People will want to buy anything related to the biggest IPOs launch in history.
2) 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.
Share what you believe