SpaceX $SPCX has reached 154, which is below the closing price of the first day 160, basically consistent with the script I mentioned at the time:

First a spike, a rise in 5-10 days followed by a pullback, and in 10-15 days, a shift in trading volume.

However, this decline was completely expected; just look at what Musk has done in the past 10 days:

1) SpaceX's first full trading day saw a nearly 20% increase, and Wall Street and investors were satisfied.

2) On the third day of SpaceX's listing, its market value approached $3 trillion, spending $60 billion to acquire Cursor to enhance AI. Retail investors and Silicon Valley were happy, while it also stabilized the ecological index.

3) SpaceX plans to issue an additional $20 billion in bonds, and at relatively low interest rates, it may accumulate cash reserves exceeding $100 billion, which also satisfies U.S. Treasuries.

Everyone is satisfied, and beginning to distribute in phases is indeed normal!

Now is just the start of returning to a rational investment range.

So what good operational advice is there now?

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