$SPCX
đ¨ $SPCX JUST PULLED BACK â BUT THE REAL QUESTION IS WHETHER THE AI STORY IS LOSING STEAM đ
After yesterdayâs sharp surge, todayâs pullback could simply be a profit-taking and consolidation phase. But there are growing questions around some of the bullish narratives that fueled the move.
đ¤ AI expectations are being challenged: New competing models and developments could put pressure on assumptions around Grok-related compute demand and future revenue.
â ď¸ The âAI = 99% of SpaceXâs valueâ narrative has also sparked debate, particularly among investors focused on Starship, Starlink, and potential defense contracts.
đ And the rumored $300B revenue projection deserves scrutiny. Building 10GW of compute infrastructure within a year would be extremely ambitious, while extrapolating current compute scarcity premiums may not accurately reflect long-term economics.
So where does the chart stand?
đ˘ $139â$140 holds â Pullback could still be viewed as a healthy post-breakout retest.
đĽ $143â$145 reclaimed â Suggests today was mainly profit-taking.
đ´ Below $138.7â$139 â Yesterdayâs AI-driven gains could be largely erased.
â ď¸ $135 breaks â $130â$133 becomes the next potential support zone.
đ $146.15 reclaimed â Bulls regain the setup for a potential move toward $150.
The key now isnât the hype.
Itâs whether price can prove that the AI narrative still has enough strength behind it. đđ$DOGE
$TSLA
#spacex
đ¨ $SPCX JUST PULLED BACK â BUT THE REAL QUESTION IS WHETHER THE AI STORY IS LOSING STEAM đ
After yesterdayâs sharp surge, todayâs pullback could simply be a profit-taking and consolidation phase. But there are growing questions around some of the bullish narratives that fueled the move.
đ¤ AI expectations are being challenged: New competing models and developments could put pressure on assumptions around Grok-related compute demand and future revenue.
â ď¸ The âAI = 99% of SpaceXâs valueâ narrative has also sparked debate, particularly among investors focused on Starship, Starlink, and potential defense contracts.
đ And the rumored $300B revenue projection deserves scrutiny. Building 10GW of compute infrastructure within a year would be extremely ambitious, while extrapolating current compute scarcity premiums may not accurately reflect long-term economics.
So where does the chart stand?
đ˘ $139â$140 holds â Pullback could still be viewed as a healthy post-breakout retest.
đĽ $143â$145 reclaimed â Suggests today was mainly profit-taking.
đ´ Below $138.7â$139 â Yesterdayâs AI-driven gains could be largely erased.
â ď¸ $135 breaks â $130â$133 becomes the next potential support zone.
đ $146.15 reclaimed â Bulls regain the setup for a potential move toward $150.
The key now isnât the hype.
Itâs whether price can prove that the AI narrative still has enough strength behind it. đđ$DOGE
$TSLA
#spacex