SpaceX $SPCXB Bloodbath: $927B Gone in 3 Days
🚨 $SPCXB got nuked today 💔
Closed down 16.4% and torched over $400B in market cap in a single session.
This meltdown hit right after SpaceX dropped its first senior unsecured note offering. They’re trying to raise $20B+ even while sitting on ∼$100.8B in cash.
Zoom out and it gets uglier:
- Down 31.3% from ATH
- $927B+ in value erased in just 3 trading days
- Still 14.5% above IPO, but momentum is broken
A week ago everyone was FOMOing in on AI + space narratives.
Now the only question left: Did the valuation get way too far ahead of reality?
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