With SpaceX IPO happening soon there is a lot of buzz around the stock. The valuation of $1.75 trillion seems to price in a lot of future success and earnings which may limit the upside, but with it going to S&P and NASDAQ so quickly maybe it will push to $3-4 trillion within a couple weeks?
I'm undecided at this point, tending toward no.
I think it's a terrible idea to buy on IPO unless you can get in the actual IPO offering. It will shoot up, and very highly likely fall off a cliff soon after. If you want it buy it then. If you want to try to flip it, well I turn that towards calculated gambling and I would rather do that differently.
Long term, I don't really know. It probably doesn't fit my mold. I don't like to chase hype and trends, but dig into the underlying, and I suspect a lot of things I have already have SpaceX as a customer.