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The End of SpaceX’s FOMO Trade Exposes a Deeper Problem

SpaceX, the most hyped initial public offering in years, peaked on its third day of trading and has lost about 15% of its value since. It’s been a volatile and somewhat disappointing performance for the FOMO-driven retail traders who bought record amounts of its shares in those frenzied early days.

The End of SpaceX’s FOMO Trade Exposes a Deeper Problem

SpaceX, the most hyped initial public offering in years, peaked on its third day of trading and has lost about 15% of its value since. It’s been a volatile and somewhat disappointing performance for the FOMO-driven retail traders who bought record amounts of its shares in those frenzied early days.

Science Bloomberg Jul 1, 2026

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