Analysis: The subsequent significant fluctuations in the stock price of SpaceX are all normal.

Today and in the coming months, fluctuations in the stock price of SpaceX are normal. Although this is a huge IPO, the actual number of shares traded on Friday was limited. With a large number of buyers entering the market, it is likely that the stock price will rise. As more shares enter the market - including profit-taking retail investors and internal shareholders whose trading was restricted on the first day - the stock price is likely to fall again. According to data from analysts at JPMorgan, the average increase on the first day of a recent IPO is 32%, while the average price one year after listing falls by 26% compared to the issue price.