SpaceX $SPCX has fallen significantly since its post-IPO peak, wiping out substantial market value ๐Ÿš€

Entry: 184.98

Target: 169

Stop Loss: 179

The SpaceX IPO is a prime example of the difference between hype and true value, with the current price still higher than Morningstar's fair valuation. This correction highlights the importance of understanding market dynamics and separating hype from actual value.

Not financial advice. Manage your risk.

#SPCX #IPOanalysis #LongSetup

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