Trump bought SpaceX shares two weeks after blockbuster IPO

The article says Trump purchased SpaceX shares about two weeks after the company’s IPO, when the stock traded in the mid-$150 range. By Monday, shares had retreated to $135, matching the IPO price.

The timing highlights the risk of buying into post-IPO momentum after a high-profile market debut. A return to the offer price suggests early enthusiasm may be cooling, raising questions about valuation and investor appetite.