Some critics are drawing a comparison that is hard to ignore.
In 1999, Cisco was the backbone of the internet. Real company. Real revenue. The most valuable company on earth. Then the bubble burst and Cisco crashed nearly 90%. The internet did change the world. Cisco was right about everything. But the stock still has not recovered to its 2000 peak, 25 years later.
Now look at SpaceX in 2026. Listed at $2 trillion. Everyone calling it the backbone of the Space Age. Same story. Same narrative.
But critics say the setup is even more dangerous than Cisco. Higher valuation. Extreme retail FOMO at the open. A stock market sitting at historic overvaluation levels with the Buffett Indicator at a record 238%.
The argument is simple. Being right about the future does not mean you are right about the price.
Cisco built the infrastructure that runs the modern world. Its investors still lost everything they put in at the peak and have been waiting 25 years to get it back.
SpaceX could build the infrastructure for the next century. The question critics are asking is whether the people buying at $2 trillion will still be celebrating in 2051.
Crypto's shit show continues. $SIREN crashed 90% in the last 5 days, wiping out $760 million in market cap.
This is not SIREN's first collapse. The token has now crashed 50 to 90% in single sessions on at least five separate occasions since March, each time after brief rallies of 100% or more.
The reason keeps coming back to the same thing. On-chain analysis shows one wallet cluster controls roughly 88% of the entire circulating supply, accumulated near $0.045 when the token launched. Late retail buyers piled in during each pump, often near local tops above $3.
This latest leg saw the top holder sell $7.5 million worth of tokens, sparking $2.4 million in long liquidations. And here is the part that should concern anyone still holding. That wallet still controls 595 million SIREN, roughly 82% of the entire circulating supply.
A token where one wallet can move the market by 50% with a single sell, and still has 82% of supply left to sell.
🚨 A whale just opened a $40,092,000 Ethereum short at 20x leverage.
Liquidation price: $1,845.
At 20x leverage, ETH only needs to move about 5% against this position before it gets wiped out entirely. $40 million on the line, betting Ethereum goes down from here.
This comes the same week BlackRock has been pushing billions in ETH onto exchanges while F2Pool's Chun Wang has been pulling ETH off and locking it in DeFi. Now a $40 million short joins the mix.
The market is about to find out who is positioned correctly. $ETH
🚨 A whale with a 100% win rate opened a $30 million long on $SPCX .
This is his first bet since the start of the US-Iran war.
A trader who has reportedly never lost a position decided to wait through an entire geopolitical conflict, then deploy $30 million the moment SpaceX went public, on a day the stock is already up over 24%.
Either he is reading the same headlines everyone else is and got the timing right, or he has information the rest of the market does not.
A 100% win rate does not last forever. But it has lasted long enough that people are paying attention to where this money goes.
$BTC Has cleared all liquidity that was sitting on this support level📈 Now it's creating a free way to break it and go lower If it fails to maintain the $55K zone,44K might or below 40K might be the bottom
🚨 SpaceX just became a $2.2 trillion company on its first day of trading.
$SPCX is now trading at $168, up 24.44% from its $135 IPO price.
The auction this morning could not find a price because demand was overwhelming supply. Now we know why. A 24% pop on listing day, on the largest IPO in history, pushing the valuation past $2 trillion before lunch.
For context, only a handful of companies on earth have ever crossed $2 trillion. SpaceX did it on day one of trading.
Elon Musk’s stake just got significantly more valuable than it was an hour ago.
$1.2 million in short positions just got liquidated in the move. Whoever was short got caught completely off guard.
Sudden unexplained pumps right before a confirmed catalyst have a pattern in crypto. Someone with information that has not been made public yet starts buying, the price moves, shorts get squeezed, and then the actual news drops afterward explaining what just happened.
Given everything happening this week, the Iran ceasefire news, the SpaceX IPO, the Trump family's ongoing crypto ventures, there is no shortage of potential catalysts that could be coming.
Whether this is front running or just a random pump, $1.2 million in liquidations in a short window is not nothing.
The company IPOs today at a $1.77 trillion valuation. The largest listing in history.
The biggest IPO ever just became a public company, and it walks in already holding one of the largest corporate Bitcoin treasuries on earth.
Every time SpaceX shows up in headlines from now on, Bitcoin gets a mention by default. The most anticipated stock listing in history now has a Bitcoin balance sheet attached to it.
While BlackRock moves ETH onto exchanges to sell, one of crypto's oldest miners just pulled $26 million of it off Binance in two hours.
Chun Wang, co-founder of the Bitcoin mining pool F2Pool, took 15,740 ETH off the exchange this morning. It is the latest in a long pattern. Since March he has been doing this repeatedly, pulling ETH off exchanges and parking it in DeFi to earn yield while he holds.
Not trading. Taking it off the market entirely and locking it away. Buying into the same lows that ETF holders are currently running from.
Two of crypto's biggest players doing the exact opposite thing at the exact same time. BlackRock's investors redeeming and pushing ETH onto exchanges. A founder who has been mining Bitcoin since the early days quietly accumulating and removing supply.
🚨 Trump just posted that the US will hit Iran "VERY HARD TONIGHT."
The full post is extraordinary. He said Iran's Navy, Air Force, radar systems, anti-aircraft defences and "most of its offensive capability" are already gone. He announced the US will take Kharg Island, Iran's primary oil export terminal, along with other oil infrastructure points, and assume "total control of their Oil and Gas Markets."
He compared it to Venezuela, which he said "is working out brilliantly."
Kharg Island handles roughly 90% of Iran's oil exports. If the US takes it, Iran loses its primary source of revenue overnight.
Oil markets. Gold. Crypto. Every risk asset on earth is about to react to this post. The SpaceX IPO opens tomorrow morning into this news. The Fed meets in four days.
This is the biggest escalation of the US-Iran conflict since it began.
$BEAT $VELVET , these 2 coins. There is a big probability that BEAT >$10 and VELVET >$2. Some traders are facing the same issues with all coins that are being played by Whales ($RAVE ) It won't stop until they want to stop, but who knows when the whales want to stop?. For now, long trading is 100% gambling to gain, short trading is 100% gambling to lose. The opposite will happen, but not today.
This $SPCX IPO prediction is going viral right now.
Day 1 pump. Retail buys the hype. Price bleeds for 1 to 12 months of dead money. Retail panic sells at the bottom. Institutions quietly accumulate. Price recovers. Retail buys back in late, again.
Every major IPO. Every single time.
What do you guys think? Will SpaceX break the pattern or follow it?
The downside liquidity has been swept with a violent flush straight through $62,000. All eyes are now on the massive $64,000 overhead resistance/liquidation pool. If Bitcoin can build a local base here around $61k, the textbook move is a sharp relief rally upward to hunt that bright yellow $64k zone and liquidate the late-joining shorts.