Prof G Markets · Monday, July 13, 2026
Patrick Boyle commented on typical IPO returns, noting they often jump around 18%, aligning with SpaceX's initial performance. However, he highlighted that investors who bought at market open or higher, particularly retail investors, are likely down on their investment, especially if they bought near the peak of $200.
“I mean, the truth is, it's above the IPO price. Like if you if you put in for the IPO, you got it at 135. You're pretty happy with the return. Um, and it's sort of in line with what you get from IPOs.”
“Now the thing is, if you bought it on the day of the release, you're buying post-pop. I think it hit the market maybe it's like 165 or something like that. So most people who didn't get a fill, uh, and bought it at the market open, they'll be down on it.”
“the lowest price you could have gotten at was when it immediately went out, which was 150. And we're down from that price point. In other words, as we kind of predicted, everyone who bought this as a retail investor has lost money. They're all down.”