Many IPO's have the same trajectory that SpaceX did - first going up steeply and then dropping steeply. So there's certainly money to be made if you get the timing right but that is always the challenge.

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throw0101d a day ago | parent [-]

Worth considering that "trading" and "investing" are different words. :)

	▲	intrasight 5 hours ago \| parent [-]
		Yes. And you can do both against the same equity at the same time. SpaceX is a good candidate for this due to short-term volatility and long-term strength.