SpaceX: Buy the Rumor, Sell the News (15' Chart)Space Exploration Technologies CorpBATS:SPCXfederico_gomez_SpaceX SPCX went public and just two days after its IPO, announced its intention to acquire Cursor AI — delivering returns of nearly 50% from IPO prices. Following that announcement, price failed at the highs and began to correct. It is still too early to draw any short-to-medium term conclusions from the price action.