---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43178638.md"
description: "$SpaceX(SPCX.US) Bearish view: Initially, the proportion of freely tradable shares is small, combined with grand narrative storytelling and scarce chips. Sentiment drove the stock to surge past $200, disconnecting from the company's actual profitability. The high market cap under fading sentiment will eventually become a bubble. I would calculate based on around $135, with a high probability of dropping to $100. Additionally, the cost basis of released shares is very low. Assuming positive earnings reports face the first wave of massive share unlocks, caution is still needed in hedging for bullish moves. Big opportunities often appear at unexpected moments."
datetime: "2026-08-04T10:04:32.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43178638.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43178638.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43178638.md)
author: "[KKOW-INTJ逻辑怪](https://longbridge.com/en/profiles/19111537.md)"
generator: "portal-rs"
---

# $SpaceX(SPCX.US) Bearish view: Initially, the prop…


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## Comments (4)

- **Alexdll · 2026-08-04T12:12:56.000Z**: Just looking at actual profitability, it's not worth buying at all.
  - **KKOW-INTJ逻辑怪** (2026-08-04T14:24:45.000Z): Trading volatility is okay, but the risk is relatively high. Old Ma's calls before the earnings report and stock unlock did indeed boost sentiment today, but the actual earnings report and unlock requ
- **哈基辉 · 2026-08-04T10:15:04.000Z**: Placed a buy order at 93, hoping to get filled
  - **KKOW-INTJ逻辑怪** (2026-08-04T14:25:31.000Z): This price only has a chance if it breaks below the previous low of 104, so patience is needed.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**