This is on speculation, not fu

This is on speculation, not fundamentals. If solely based on fundamental, the losses vs price won't make any sense. However, in about two months time when the tranche slowly released for the locked up period is where the sell off might begin.

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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