$SpaceX(SPCX.US) The wild swings of SPCX are essentially an emotional drama directed by a combination of extremely low float, extremely high attention, and huge valuation divergence. The drop from 225 to 154 isn't due to deteriorating fundamentals; it's that the story is over, and the money should leave. Inclusion in the Nasdaq 100 in July might bring a short-term rebound, but the August lock-up period is the real test.
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