Following its historic IPO, SpaceX's stock has surged, reflecting a robust appetite in the U.S. equity market for tech companies. Investors are now closely watching the options market to gauge whether the stock will maintain its momentum or face volatility.
Speculators are particularly interested in how SpaceX will perform compared to other high-growth sectors, especially given its current unprofitability, with a net loss of $4.28 billion in the latest quarter.
Analysts like Mike Purves from Tallbacken Capital Advisors highlight that while SpaceX has a vast potential market, its financials differ significantly from other tech stocks that have recently thrived. The options market is expected to see high demand, with traders eager to engage in derivatives linked to SpaceX, similar to trends seen with AI stocks.
This could lead to increased implied volatility in SpaceX options, making them attractive yet potentially risky for retail investors. As the stock trades below $200, it remains accessible for smaller traders, who have shown a willingness to invest in high-potential stocks despite their costs