Best thing to do for $SpaceX(S

Best thing to do for $SpaceX(SPCX)$ is nothing. The valuation is absurd, but never short Elon Musk. This is a overvalued stock that is most likely going to dip further, but at some point in the long term future Musk's vision will allow it to recover. But nobody knows and cannot time it. Best thing to do is to avoid the stock.

SpaceX Falls 1.4% Monday; European Rival Eyes $2B Valuation as Challenger?

SpaceX-linked shares closed down 1.36% Monday, falling alongside broader Musk-related names. A European rocket startup is racing toward a $2 billion valuation, directly targeting SpaceX's launch dominance; analysts note its closest IPO comparable 'is not Tesla.' The competitive landscape and valuation benchmarks for commercial space are under fresh scrutiny. With a European challenger entering the arena and proxy-share premiums under pressure, how long can SpaceX's scarcity premium hold?

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