SpaceX Stock Nosedives ...
Fear is gripping the SpaceX Faithful as they watch their Dreams of Dominating the Galaxy evaporate in the harsh glare of market financial scrutiny. Short term the market is a voting machine. But long term, it's a calculating machine. August 5th is the quarterly earning release. It will show more massive losses just like 1Q2026. Moreover, the investors that financed SpaceX as a private company will soon be able to sell their shares and given the downward price trajectory, they will not hesitate to sell. 😉 I think the stock's fair value is in the 30s. I recommend a buy when it gets there. 😄