$SpaceX(SPCX.US)SPCX had a pretty interesting day. Starship Flight 14 successfully launched and reached orbit for the first time, but the stock still sold off as Treasury yields spiked. Good news on the company side, but the macro backdrop clearly mattered more in the short term.
I decided to add a little more at this level. The launch itself was a meaningful milestone, so I’m willing to look past the short-term reaction and keep building the position gradually.
Sometimes even genuinely good news gets ignored when rates are moving hard. I’d rather focus on whether the underlying story keeps progressing than expect the stock to react immediately.
@Captain's Treasure
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