Space Exploration Technologies, commonly known as SpaceX, went public on June 12, and the stock has already rocketed higher, reaching north of $200 before retreating somewhat.
You might think a rising tide would lift all (space) boats, but it hasn't. Shares of Rocket Lab(NASDAQ: RKLB), another industry player, are down about 6.6% from where it closed the day before SpaceX started trading.
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So, with all the hype around SpaceX and Rocket Lab's drop, is now the time to jump in?
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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