Why does the analyst recommend waiting for the first dip?

Because the IPO may see high demand leading to a sharp rise on day one, followed by a correction or dip, offering a better entry price.

Is there a specific date for the SpaceX IPO?

Ray Wang did not mention a specific IPO date in the interview.

Wall Street Expert Advises Waiting for First Dip After SpaceX IPO

Ray Wang, Chairman of Constellation Research, advises retail investors to wait for the first dip after SpaceX's initial public offering instead of buying on the first day.

June 7, 2026

2 min read

Source: 24/7 Wall St.

While much of the market is gearing up to chase the SpaceX listing on day one, Constellation Research Chairman Ray Wang appeared on CNBC's Squawk Box this morning, June 5, with a different message for retail investors: "I would actually wait for the IPO and wait for the first dip and then come in."

Details

The advice comes amid expectations of high demand for SpaceX shares, which could lead to a sharp price surge on day one followed by a correction. Wang suggests that retail investors may get a better entry price if they wait for the first wave of selling.

Context

Wang did not specify an exact IPO date, but SpaceX is one of the most valuable private companies globally, and its listing plans have drawn widespread attention. Major tech IPOs often experience significant volatility in the first few days.

What This Means for Investors

The advice is aimed at retail investors who might rush to buy on day one. Waiting for the first dip could reduce risk, but it does not guarantee profits. Independent research is recommended before making any investment decision.

Frequently Asked Questions

Ray Wang advises investors to wait for the first dip after the SpaceX IPO rather than buying on day one.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.