Strap in, the rocket is about to launch and explode!

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

Today is the day. The IPO with the highest valuation in history, SpaceX. How many rockets you would need to produce and sell to justify a 2 Trillion valuation? You tell me. I am just going to prepare my popcorn and watch it literally exploding later on the sidelines.

@pawsandprofits - Specialist in combining FA and TA for options selling and swing trading.[举爪]

Modified in.06-13

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?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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