This what they are thinking...
🚀 TopDownTraders SpaceX Market Commentary – June 26, 2026
SpaceX has finally experienced what every major IPO eventually faces—profit taking.
After an explosive debut that drove the stock sharply higher, institutional traders have been locking in profits, creating increased volatility. This isn't unusual. Strong companies often experience significant swings as the market searches for fair value.
What catches my attention isn't just the recent pullback—it's what's happening behind the scenes.
Later today, SpaceX is expected to be added to major FTSE Russell indexes, which could require index-tracking funds to purchase billions of dollars' worth of shares. In July, a potential inclusion in the Nasdaq-100 could create another wave of institutional buying. As for topdowntraders. I'm waiting for the right time and signal. You will learn that and much more in this group. Just ask question and engage and stay connected and see your progress in no time at all. ---- Kevin Garrett.
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This what they are thinking...
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