SpaceX shares continued their rapid ascent on the Nasdaq exchange this Tuesday, positioning the aerospace company as the fifth largest in the world by market value. While the broader Nasdaq index declined by over 1 percent, SpaceX shares rose by nearly 5 percent. Since its public debut last Friday, the stock price has surged by almost 50 percent. Robert Næss, Investment Director at Nordea, notes that the stock has become a global favorite among retail investors. He suggests that investors are buying into a "dream" and the perceived Midas touch of Elon Musk. Currently, only about 5 percent of SpaceX shares are freely tradable. Næss warns that the stock price will likely experience a significant correction in the future.