#SPCXFalls17.44%InPreMarketTo$148.34 Elon Musk's rocket suddenly... lost altitude! 🚀📉
SPCX price plummeted to $148.34 in the pre-market session on 06/23, breaking through the $150 IPO price.
Reasons?
1. Right after the IPO, they want to take on another $20 billion in debt for AI development.
2. Received a CCC ESG score, making big funds flee.
3. Heavy profit-taking pressure and the looming threat of internal sell-offs in August.
What are traders doing?
Buckle up, hold your breath, and wait for the market open bell in the US.
Use code VINHTOCDO to load up on "armor" for your account.
⚠️ Not financial advice.
#SpaceX #ElonMusk #esc #VINHTOCDO $SPCXB $TSLAB $MUB