Will SpaceX Follow In Tesla's Footsteps? Kathy Donnelly Decodes The Post-IPO Chart | IBD

This discussion focuses on SpaceX’s post-IPO price action and whether it could follow Tesla’s early trading pattern. The analyst says SpaceX is currently too volatile to buy on day one and has already undercut its initial trading structure, which she notes happens in about 91% of IPOs. She argues traders should wait for an IPO base or consolidation, ideally a calm sideways period that could last around six months, before considering entries. Using Tesla as the model, she highlights that successful IPOs often go through an “institutional due diligence” phase before building a more mature base, often around or above the 40-week moving average. The takeaway is cautious: SpaceX may become a strong long-term winner, but near-term action is still unstable and not yet suitable for most traders.