SpaceX’s stock is crashing—down 50% from its peak, trading below its IPO price with no buyers in sight. Once valued over $2 trillion on hype and speculation, it’s now seen as overvalued by analysts, even at under $1.5 trillion. With earnings coming up and insiders poised to cash out, the sell-off could accelerate. Don’t jump in—this rocket’s ride is anything but smooth.
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