🚀 $SPCX IPO Euphoria May Be Running on Empty; 70% Downside Risk Ahead SpaceX rocketed from its $135 IPO price to $218 in days. Now one analyst says the real price target is $63; a brutal 70% haircut from here. Freedom Capital Markets' Paul Meeks put it bluntly: "We're investing in the Elon Musk cult. I think we've seen the top." Three triggers could detonate the drop: share dilution (only 5% is currently floating vs. Nvidia's 96%), xAI burning $6.4B last year, and August earnings; right as insider lockups expire. SpaceX holds a significant $BTC treasury. A forced selloff wouldn't stay on Wall Street. Morningstar agrees: fair value $63. Michael Burry agrees. Even Paul Krugman called it "a $2.75T meme stock. The rocket launched. Gravity still exists. DYOR. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#