Following the initial excitement surrounding a potential SpaceX IPO, traders are now focusing on fundamental factors that will influence the company’s long-term performance. The article highlights key catalysts investors should watch beyond the launch day surge. These include developments in SpaceX’s Starlink satellite internet project, progress with Starship development, and overall market conditions affecting the space industry. Government contracts and competition within the commercial space sector are also identified as crucial areas to monitor. Analysts suggest sustained success will depend on SpaceX’s ability to deliver on ambitious goals and navigate a complex regulatory landscape. Ultimately, the focus is shifting from speculative trading to evaluating the company’s underlying business and future growth potential.