🚨 SpaceX ($SPCX ) sliding pre-market — down 4.6% to ~$136–$137

SPCX
SPCXUSDT
157.05
+4.43%

From $225 highs in June to near IPO price ($135)… that’s a brutal ~40% drop in days 📉

What’s behind the dump?

💥 Lockup fears — Aug 11 unlock could release 15–20% of float

💥 Dilution concerns — $60B Anysphere deal losing hype

💥 Macro pressure — rising oil & risk-off hitting high-beta names

⚠️ Key level: $135

If that breaks, panic selling could accelerate fast

Low float. High volatility. This can swing 10% in a blink.

Not financial advice — manage risk.

#SpaceXToJoinBloombergGlobalLargeCapIndex #CFTCSeeksPublicInputOnPerpetualContracts