๐จ MARKET SHOCKER: SpaceX (
$SPCXB ) CRASHES HARD ๐๐
SpaceX shocked the market today with a massive selloff as
$SPCXB dropped 16.4% in a single day, wiping out over $400B in market value.
โ ๏ธ The decline comes shortly after the company launched its senior unsecured notes offering, aiming to raise at least $20B, despite already holding around $100.8B in cash & cash equivalents.
๐ฅ Bigger picture looks even more intense:
โข ๐ Over $927B erased in just 3 trading days
โข ๐ Down 31.3% from all-time high
โข ๐ Still 14.5% above IPO price
Just days ago, investors were pushing the stock higher on AI and space hype.
Now sentiment has flipped sharply.
โ The market is now asking:
Was the valuation running far ahead of reality?
๐ From extreme hype to heavy correction โ sentiment is changing fast.
๐ฐ Coins to watch:
BTC | ETH | SOL
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