SpaceX Do you think this rally continues or are we due for another pullback?
Hey everyone,
I’ve been watching SpaceX since its IPO and I’m trying to decide whether to buy now or wait for a potential pullback.
The price action has been pretty crazy:
IPO price: around **$135**
Shortly after the IPO: around **$160+**
Then it dropped significantly, reaching roughly **$100–105**
Recent low: around **$100**
Current price: around **$126.58**
Today: **+10.15%**
1-week performance: **+33.19%**
1-month performance: roughly **+1%**
So after a huge decline, the stock has now bounced back very aggressively.
My question is: **What do you think happens over the next few days/weeks?**
Do you think this is the beginning of a sustained recovery and SpaceX could move back toward **$135–150+**, or do you expect another correction toward **$110, $100, or even lower**?
Personally, I was considering buying around $90–100 but didn’t pull the trigger. Now I’m wondering whether I should buy at \~$126 or wait for another dip.
**If you were looking to enter a new position today, would you buy, wait, or stay away? And what price would you consider a good entry?**
Thanks!