BullishDeFi

BREAKING: Elon Musk’s net worth has fallen below $700 billion to $690.1 billion after SpaceX $SPCX shares closed at a record low of $108.37 on Friday.

SpaceX shares hit a record high of $225.64 on June 16, pushing Musk’s net worth above $1.4 trillion. Since then, the stock has plunged nearly 52%, erasing more than $1.54 trillion in market capitalization.

Meanwhile, Tesla (TSLA) shares have declined more than 23% over the same period. The declines in SpaceX and Tesla shares have wiped out more than $710 billion from Musk’s fortune since June 16.

Musk owns roughly a 40% stake in SpaceX, representing approximately 4.8 billion SpaceX shares and an additional 350 million stock options, along with about 700 million Tesla shares.

Short sellers have aggressively built positions in SpaceX ahead of the company’s first earnings report.

Short interest stood at 219.3 million shares as of July 29, representing about 34% of the shares available for public trading, up from 23.3 million shares when the data was first reported on June 16, according to S3 Partners.

SpaceX is scheduled to report its maiden quarterly earnings on August 4. The company’s first earnings report will pave the way for early-stage investors to sell up to 20% of their eligible locked-up shares, totaling as many as 911.5 million shares, opening August 6.

BREAKING: SpaceX $SPCX plunged 36.57% in July, closing at a record low of $108.37 and wiping out more than $820 billion in market capitalization, as short sellers increased their bets against the stock ahead of its August 4 earnings report.

Guys $SKYAI — just Exploded (1H)
I'm going to long this time.

🔍 Market Structure
- Range → breakdown → sharp dump to 0.0227
- Strong bounce from bottom → potential V-recovery
- Price trying to reclaim MA25 but still below MA99 → early reversal stage

🕯️ Candle Insight
- Large bearish candles → panic sell-off
- Followed by strong bullish recovery candles → buyer reaction
- Current momentum strong but slightly overextended (RSI high)

⚠️ Key Zones

Support:
- 0.0240 – 0.0235
- 0.0227 (major support)

Resistance:
- 0.0260 – 0.0265
- 0.0278

📈 Trade Plan (LONG)

🟢 Entry:
- 0.0245 – 0.0252 (pullback / retest zone)

🎯 Take Profit:
- TP1: 0.0260
- TP2: 0.0268
- TP3: 0.0278

⛔ Stop Loss:
- Below 0.0233

⚡ Summary
➡️ Market = Reversal attempt after dump
➡️ Structure = V-shape recovery forming
➡️ Best move = Buy on pullback, not at top
➡️ Watch RSI (overbought risk)

Always DYOR and don't invest all capital in one trade.

#SKHynixPlunges13%AsKOSPIDrops10% #LONG✅ #MarketSentimentToday

$SKYAI

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#baby $BABY

Bitcoin security is evolving. Babylon Trustless Bitcoin Vaults (TBV) focus on enabling trust-minimized Bitcoin utility while keeping self-custody at the center. A concept worth following as the ecosystem grows. @BabylonLabs_io

#baby $BABY

Congratulations guys

We done ✅ 2nd Tp

wait for 3rd Tp hit very soon..

$EUL

**🔻 DEXE/USDT | 15M SHORT Setup**

📍 **Entry:** 3.84 – 3.90
🎯 **TP1:** 3.70
🎯 **TP2:** 3.55
🎯 **TP3:** 3.40
🛑 **SL:** 4.02

⚠️ **Trade only if price shows rejection below 3.90–4.00 resistance.**
**Risk Management is Key. DYOR. 📉**
$DEXE

Babylon Trustless Bitcoin Vaults (TBV) could unlock a new way for Bitcoin holders to secure assets while participating in decentralized ecosystems without giving up custody. Watching how this innovation develops. @BabylonLabs_io
#baby $BABY

Bitcoin security shouldn't require sacrificing self-custody. Babylon Trustless Bitcoin Vaults (TBV) introduce a model where BTC holders can benefit from stronger security assumptions while maintaining control through trust-minimized design. This approach could become an important building block for the future Bitcoin ecosystem. Excited to see how @BabylonLabs_io continues innovating around Bitcoin infrastructure.
#baby $BABY