Author warns that the +19.6% post-IPO surge (current $192.50, adding $528B in value) may reflect systemic market structure distortions rather than fundamentals. Recent news highlights passive ETF feedback loops and bubble concerns. Author frames this as a structural risk signal, not a validation of valuation, suggesting caution despite strong price momentum.
行情 $217.75 ▲13.1169%
新闻 Demand For Critical Minerals Will Surge · The xAI Trojan Horse Inside SpaceX's IPO