SPCX fell from $176 to $116—many people ask me: do you still think SPCX is bearish now?
My answer is: In the short term, it’s still slightly bearish, but I won’t go after the last penny. I won’t keep rolling over shorts to open new ones. The short positions I currently hold will be kept for now—I’m not in a hurry to close them. Once the direction is correct, be brave and use profits to make even more profit.
But, The biggest mistake the market makes is turning trading into a belief.
I’ve been bearish all along—not because of SpaceX as a company, but because of the market expectations and valuation that had been far too stretched back then.
Over this period, from Starship test flights hitting setbacks, to dilution concerns brought by AI acquisitions, to the market’s re-pricing as lock-up period unlock expectations emerged—share prices have kept falling.
From a trend perspective, the logic behind this round of decline has basically played out.
But the closer we get to this point, the more cautious I become.
Because negative news gets digested by the market.
When everyone starts agreeing on being bearish, and negative catalysts land one after another, it often means the profits that are truly worth shorting are becoming fewer and fewer.
My principles have never changed:
✅ If the trend is in place, trade with the trend. ✅ When the trend ends, exit promptly. ✅ Don’t try to predict the absolute bottom, and don’t chase the last penny. If later SPCX experiences another quick drop, I would actually start gradually covering my short positions and waiting for a new opportunity, instead of continuing this long fight.
Those who truly live in the market long-term never profit from every single cent.
Instead, they take the most certain middle segment of the trend, leaving the hardest and most dangerous final stretch to others.
Trading isn’t about who makes the most—it’s about who stays alive longer.$SPCX
Terrifying AI—Will it control humanity, or benefit it?
According to DONGCHA/Beating monitoring, in an interview with The Economist, Musk systematically laid out his latest position on AI: although the risk that AI and robots spiraling out of control could cause disaster is “not zero,” he still believes humans should not stop its development. “Sometimes I even think that even if there really were a stop button, we probably shouldn’t press it, because the most likely outcome is unprecedented prosperity for everyone.” Musk predicts that AI will surpass the total sum of all human intelligence in about five years. At that point, unless the world suffers a major catastrophe such as a global nuclear war, the world will enter an astonishing era of prosperity—where people can almost have anything they can imagine. When asked whether his earlier judgment of the “probability of AI catastrophic runaway” of 10% to 20% still holds, Musk replied that it does, likening it to a rocket: “If a rocket had the same explosion probability, I would still get on it. If you assume you can’t do anything about it, the only thing you can do is reduce the probability of a bad outcome as much as possible.”
SpaceX short interest soars to 32%; Musk warns shorts: “Virtually no chance of survival”! ① Musk recently warned that investors shorting SpaceX have virtually no chance of survival; ② he also said, “I’ve said it before—if we hit our targets, the value of SpaceX will exceed the entire planet. There’s no doubt about it”; ③ with several key catalyst events on the horizon, shorts have increased their short positions in the company to nearly one-third of the company’s publicly traded shares. As multiple key catalyst events approach, shorts have increased their short position in the company to nearly one-third of its publicly traded shares. Musk recently warned that investors shorting SpaceX have virtually no chance of survival.
According to estimates by financial research firm S3 Partners, about 206 million shares of SpaceX are currently being shorted, accounting for roughly 32% of the company’s publicly traded float, with a notional short position size of about $25 billion. This figure is up from roughly 185 million shares (29% of float) last week, and far higher than the estimated 40 million shares (about 5% to 7% of float) about a month ago.
Matthew Unterman, head of S3 Research, said that ahead of multiple key catalyst events, shorts have continued to add to their positions. These potential catalysts include SpaceX’s release of its first quarterly results since going public, as well as the phased release of insider shares that had been subject to lockups.
In the face of rising short positions, Musk recently posted on the X platform in response, bluntly stating that investors shorting SpaceX will ultimately lose money.
“Longing to short SpaceX with heavy positions over the long term has a very low probability of survival,” Musk wrote. He added, “I’ve said it before—if we hit our targets, the value of SpaceX will exceed the entire planet. There’s no doubt about it.”
On Tuesday, SpaceX confirmed it will release its first quarterly results after going public on August 4, after the U.S. market closes. The results will give investors their first detailed look at the company’s operating picture, and will serve as a key test for the next round of bull-bear games.
At the moment, investors are weighing SpaceX’s long-term outlook, the current valuation, and the impact of the release of locked-up shares. Bulls are optimistic about the company’s leading position in space launches, the expansion of its Starlink business, and its artificial intelligence strategy. Meanwhile, bears question how much growth room the company may still have in the future that has not yet been priced into the current stock price.
May the days ahead be accompanied by peace and joy; may all you seek come to fruition, and all you set out to do be met with an open road. Without letting down the time or your passions—meet every matter with calm confidence. May life be warm and smooth. May you always have good friends by your side, and may your family be healthy and everything go smoothly. In your eyes, may there be starlight; in your heart, may there be hope. May your days prosper day by day, may each year bring all your wishes, may each year be filled with happiness, and may everything be worth anticipating.
Without parents paving the way, then learn to understand for yourself! Without a famous master to guide you, then read widely about countless people! If you can’t read ten thousand books, then go travel a thousand miles! Remember this: standing still in place, you will always be an audience! Keep building—predict, you deserve it.
Recently discovered a brand-new content creator route ---Traffic “pretty-boy” creator route 1. Must have good looks (a good-looking profile photo) 2. Must have strong copywriting—be able to write attention-grabbing copy (self-produced, self-sold “melons,” used for lead generation) 3. Play the 10-minute event contract (the platform pushes the stream) 4. Attract the host to buy gifts (no gifts, no getting on stage) 5. Don’t go into anyone else’s live rooms (lock in profit) If you’re interested, you can give it a try. (PS, no one specific is mentioned—don’t take it personally)
🧧🧧🧧Rewarding Follower Benefits Follow + comment to participate in the interaction! Claim $BNB BNB 571 +0.35%$BNB May your BTC and BNB holdings continue to strengthen. Treat market rises and falls with a calm mindset. This is only for community discussion—investing is with caution!
First check your position’s chip distribution to avoid highly monopolized coins, buy low following the trend instead of chasing highs, and protect your principal. Maintain a steady mindset and trade in swings.
Washing the market only serves to eliminate impatient retail investors; your long-term perspective determines your final returns. Hold solid high-quality positions and calmly wait for the market to take off.
I always choose freedom in my life. 🦅 No limits, no fear—just courage to spread my wings and fly higher than ever before. The sky isn't the limit; it's where I truly belong. ✨
SpaceX has kicked off one of the largest stock lock-up releases in capital market history. Next month, shares worth as much as $116 billion will first become eligible for sale. The restriction preventing certain insiders from selling up to 911.5 million shares will be lifted on August 6—two days after the rocket, satellite, and artificial intelligence company first reports its quarterly results. This is only the beginning; by the end of this year, billions of shares will gain trading eligibility.
The turbulence is only to wash out the floating positions; the big trend has already reversed. Hold on to your chips and wait patiently for the next phase of a doubling opportunity.
Stablecoin No. 1 Stock? Circle Cashes Out $30.7 Million — What Does It Mean?
According to a BlockBeats report, on July 20, according to Form 4 filings, Circle CEO Heath Tarbert has sold CRCL a total of 10 times since June 2025, cashing out approximately $30.77 million in total, and has never added to his position.
On July 20, according to Coinglass data, as Bitcoin today weakens and remains range-bound, the current mainstream CEX and DEX funding rates indicate that the bearish sentiment in the market has weakened. Specifically, the funding rates are shown in the accompanying chart.
BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the futures contract price and the price of the underlying asset, typically applied to perpetual contracts. It is a funding exchange mechanism between long and short traders. The trading platform does not collect this fee; instead, it is used to adjust the cost or profit of traders holding contracts, so that the contract price stays close to the underlying asset price.
When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it generally means the market is bullish. When the funding rate is less than 0.005%, it generally means the market is bearish.
In the just-concluded FIFA World Cup final between the United States, Canada, and Mexico, the Spain national team defeated the defending champions, Argentina, 1-0 in extra time. This marked Spain’s second World Cup title in their history, following their 2010 triumph in South Africa. Spain had won both the European Championship and the World Cup back-to-back in 2008 and 2010. This time, they topped the 2024 European Championship and the FIFA World Cup in the U.S., Canada, and Mexico consecutively, achieving a second consecutive-title feat. In this tournament, Spain conceded only one goal, setting a new record for the fewest goals conceded by any World Cup champion in a single edition. After this victory, Spain have remained unbeaten in regular time for 38 straight matches, setting a new record for the longest unbeaten run by a European team.