48% of Americans buy stocks due to FOMO in SpaceX IPO surge

48% of Americans made FOMO-driven stock purchases in the past year during the SpaceX IPO event. A Marketwise survey of 1,000 investors found 42% lost money on such trades, averaging $1,606 per investor. The SpaceX IPO valuation reached $1.77 trillion, 430 times the Artemis II lunar mission cost. FOMO-driven decisions led to 20% of investors admitting emotional trading behavior.