Best thing to do for $SpaceX(S-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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 Crashes 16%! Another 50% Downside, Exit or Add?

SpaceX plunged 16.43% today, breaching $155 and shattering the post-IPO euphoria in a single session. Bears are piling on, calling the valuation "astronomical" and flagging 50% further downside even under optimistic assumptions. Space proxy Rocket Lab (RKLB) fell 6.48% in sympathy — the retail frenzy lasted less than two weeks. With the "best IPO ever" now giving back gains, will you buy this dip or cut your losses?

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