⚡️ : $SPCX stabilizing at $154.38… Is the SpaceX crash finally over? 👀🚀
After a brutal correction that erased nearly $1 trillion from peak valuation 📉, SpaceX ($SPCX ) is finally showing signs of stabilization.
The stock is now trading in the $154–$156 zone, after hitting an intraday low of $147.11.
Here’s the current market breakdown 👇
📊 Current Numbers
• Ticker: $SPCX (NASDAQ)
• Current Price: $154.38
• Recent Low: $147.11
• Market Cap: $2.05 Trillion 🌍
(Still the 7th largest company globally)
📈 What’s Happening Right Now?
🛡️ Support Holding Strong
Buyers are stepping in around the $154 support zone, helping stabilize price action.
This keeps the stock roughly 14% above its $135 IPO price, meaning early institutional investors remain in profit 💰
❄️ Panic Is Cooling Down
The market appears to be absorbing the shock from the $20B–$25B bond offering and the Cursor AI acquisition.
Selling pressure is slowing, and the market is shifting from panic mode into consolidation.
🐻 Bears Still Watching
Institutional short sellers aggressively attacked the options market last week, but weakening downside momentum suggests the worst of the bleeding may be over.
👀 Key Level to Watch
All eyes are now on the upcoming August insider lock-up expiration.
If $SPCX can hold the $154 support zone through July, it could build a strong base for a potential reversal 🚀
🎯 Bulls need to defend here.
⚠️ Bears are waiting for weakness.
This is a critical moment for $SPCX .
Dead-cat bounce… or the beginning of recovery? 🤔🔥
#SPCX #SpaceX #StockMarket #Investing #TechStocks #BullRun
After a brutal correction that erased nearly $1 trillion from peak valuation 📉, SpaceX ($SPCX ) is finally showing signs of stabilization.
The stock is now trading in the $154–$156 zone, after hitting an intraday low of $147.11.
Here’s the current market breakdown 👇
📊 Current Numbers
• Ticker: $SPCX (NASDAQ)
• Current Price: $154.38
• Recent Low: $147.11
• Market Cap: $2.05 Trillion 🌍
(Still the 7th largest company globally)
📈 What’s Happening Right Now?
🛡️ Support Holding Strong
Buyers are stepping in around the $154 support zone, helping stabilize price action.
This keeps the stock roughly 14% above its $135 IPO price, meaning early institutional investors remain in profit 💰
❄️ Panic Is Cooling Down
The market appears to be absorbing the shock from the $20B–$25B bond offering and the Cursor AI acquisition.
Selling pressure is slowing, and the market is shifting from panic mode into consolidation.
🐻 Bears Still Watching
Institutional short sellers aggressively attacked the options market last week, but weakening downside momentum suggests the worst of the bleeding may be over.
👀 Key Level to Watch
All eyes are now on the upcoming August insider lock-up expiration.
If $SPCX can hold the $154 support zone through July, it could build a strong base for a potential reversal 🚀
🎯 Bulls need to defend here.
⚠️ Bears are waiting for weakness.
This is a critical moment for $SPCX .
Dead-cat bounce… or the beginning of recovery? 🤔🔥
#SPCX #SpaceX #StockMarket #Investing #TechStocks #BullRun