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Today, the world’s richest person Musk posted: “I am no longer a trillionaire.” This news is accurate, but based on Musk’s current net worth (70–800 billion USD), he is still the world’s richest person.
This time, the stock price of $SPCX has been cut in half, with the market value evaporating by more than a trillion, knocking Musk off the trillion-dollar throne. The main reason is SPCX.
And now, users who hold $SPCX say they’re worried. After falling from 225 to 110, next week it may test around 100. The downtrend all the way has left the long side (bulls) with a rough time.
For this group of bulls, the liquidation price is over $4 billion. Musk claims: “The chances of survival for long-term shorting SPCX in the future are very low, but right now the shorts have already made over $10 billion.”
The new rocket launch did not cause any pre-market volatility—this isn’t a good sign. With the unlock at the beginning of the month, panic continues to intensify. Is all of this only just starting? #Spacex
As of now, $SPCX has fallen to 112.2 before the trading session, while Friday’s closing price was 115.07. The closing price is about 3 dollars away from the pre-market price, and the bearish momentum is clear.
SPCX’s first major unlock time is: August 6. The first batch to be unlocked is approximately: 911.5 million shares, with publicly available IPO shares of: 550-640 million shares.
The 911.5 million unlocked shares account for 7% of the total, while the IPO shares are only 4-5%. This means the float will increase by over 10% at once. Even with the current 4-5% float, the price has already reached 112.2.
On August 4, the SPCX earnings report will be released. If the results exceed expectations, it could offset some of the time-related downward pressure. If U.S. stocks can keep rising, SPCX may not look too bad either. It doesn’t mean that if there is an unlock, it will definitely be sold.
However, most bears are looking for a short-term price target of 60-80 dollars for SPCX. Since it dropped from 225 to 115, the positions have already been cut in half—something even more hopeless than what people cut in the back-alley market #SpaceX
According to the latest news, the thrill-seeking fans of $SPCX , Cathie Wood, are currently down by $70 million.
Cathie Wood’s current shareholding is 3,291,184 shares, with an average buy price of $135. The current price is $111, meaning an unrealized loss of $17.6 per share.
As of 15 hours after the latest rocket launch, the stock price continues to fall with no signs of a rebound.
From 2018 to 2019, many institutions believed Tesla would go bankrupt, but Cathie Wood remained steadfast in buying. Later, Tesla surged by more than tenfold. And this time, the SPCX has a massive scale with continuous buying—are they bullish, or is this just mindless?
The first phase of unlocking is about to arrive—are you ready to welcome a surge in market volume? Are you ready for SPCX to break into the single digits? #spacex
$SPCX Beijing time 6:51 launch. Overall successful. After receiving this success news, even if SPCX is closed for the day, there should be some pre-market adjustment.
But based on the current data, the trading board is still rather quiet. As a high-tech company exploring space, SPCX successfully completed exploration and data collection—it shouldn’t be behaving like this.
Right now, SPCX basically only declines and doesn’t rise. With even a little negative news, it drops sharply (last time the launch was paused). Meanwhile, with huge good news, it barely moves.
The top-exit chances SPCX has provided: 225-171-165-155-145-135 125-115-105-95-85 (Buying the dip and getting buried is basically about a 10-point drop.)
But since it’s the weekend and markets are closed, what happens specifically still depends on how the market adjusts when it opens on Monday. If it continues to fall as usual—combined with the arrival of the first batch of unlocks—then facing the long side will be an unprecedented disaster.#SpaceX
At dawn today, another batch of people is about to lose sleep $SPCX If the launch is successful before the market closes then you can still use this callback to quickly cut your losses If it fails, then it will really be an endless downward market Has everyone noticed a problem? So many people are trapped Can it keep dropping like this every day? IPO135—how many people are selling in the end? Is each person selling at a loss? With the 4% float, it keeps falling Under normal circumstances, big whales’ operations are already reported online But as of now, all the news reports are about large purchases There haven’t been reports about large selling yet #spacex
Recently, Grayscale submitted $WLD ETF. WLD has risen to 0.4, but now it has fallen back to 0.38 and is trading in a range of 0.35–0.4.
So what about the submitted ETF? How many secrets has it revealed? The biggest one is Worldcoin’s holdings: the top 100 wallets account for 90% of the circulation.
100 people controlling 90% of the tokens—this is not decentralization, but extreme centralization. The market’s rise and fall depends entirely on those 100 addresses.
Starting July 24 (today), the daily unlock amount of 5.1 million WLD will be reduced to 2.1 million. That’s a 43% drop. In practice, the current total circulating supply is about 3.55 billion tokens, with 1.3 million holders.
The total amount of WLD given away for free makes up 75% of the 10 billion. And the 2.1 million tokens scheduled to be unlocked each day are expected to be fully unlocked by July 24, 2038.
Right now, the amount received free in one month is about 1.5 WLD. After joining the Passport program, the claiming speed will increase, and the number claimed will keep decreasing #wld
$SPCX due to weather-related reasons, the Starship’s 13th launch has been postponed. The current launch window is set for July 24, Friday…
And this time the launch time is Beijing time: July 25 (Saturday). Do you think people are making money by shorting the stock price? Last week, when the rocket’s launch was delayed, someone made tens of thousands of dollars in the prediction market.
From buying at 220 to 110, the funding has already been cut in half. With the unlock periods coming over the next few weeks, this downward trend will likely continue.
Right now, the shares in circulation in the market are only: 4%, and 8% will be unlocked. Expanding the original market float further—are people accumulating shares, or are they trying to make loss-makers cut and run? It will become clear in SPCX’s August financial report. #spacex
Tesla’s earnings: total profit over 20 billion USD, while only 5% of the $SPCX short position was liquidated to earn more than 10 billion USD. Two pieces of news that were originally positive were, however, suspended before the launch.
That suggests there may be the scent of a conspiracy. With only 5% in circulation, who would know first that the rocket launch would be paused? Musk himself! Who is most short on cash flow? Musk himself.
All the evidence points to this: the future generated profits from the short positions mentioned by Musk are likely low. That means that in the short term, the profits from shorting are astonishing.
When all the evidence chain and suspicions hold, you have no choice but to reassess Musk himself. Shorting SPCX is done by Musk himself—he lacks cash flow, and the stock market is the best place to grab money.
Even getting 5% in circulation to move is difficult—does it require unlocking everything to 100% before it can be pumped? Musk isn’t stupid. He shorts while quietly accumulating shares at low prices. Just wait and see this time’s rocket launch—most likely it will still be negative news. #spacex
Why short $SPCX ? I thought 165 was low, bought 30000u I got cut at 130 and couldn't hold on. I thought it was the bottom and it would pull up. Then I saw SPCX move from 130 to 120, and from 120 to 110. I still have half of my SPCX position, so I can only hold it long-term. But in the short term, I'm still continuing to short. Why? With the spot market able to drop like a clone coin, there's no hope. And also Musk even opens shorts privately. Why do you still believe it will go up?#spacex
$SPCX opened and immediately wants to probe 110 Seriously, it's hilarious—how are they playing this? Did the rocket get delayed again? People buying SPCX are unlucky too, running into this nonsense. Buy the dip once and get buried every time—110 will be here soon. What are you waiting for? Get in—wait, should you just let it go in? #spacex
Feels like laughing, but there’s even more heartbreak What’s the difference between the trend of $SPCX and the crypto-clone coins in the coin圈? Even foreigners from their own country are complaining that they lost 18.49 USD But for people who bought spcx in the crypto market, the minimum loss is hundreds of dollars The rocket with a delayed launch will be launched this Thursday in Texas (according to the original weather image) The official says that due to weather, the next day after tomorrow in Texas will be sunny If they can still pause it or there are other non-technical original image pauses Then the air-force boss who’s running this market would definitely be Musk #SpaceX
How many people are watching $SPCX keep falling and still trying to bottom-fish? Bought in at 129, went long—now it’s at 116. Bought in at 125, went long—now it’s at 116. Bought spot at 126, now it’s at 116—the drop isn’t over. Now SPCX is in a situation of good news, but it won’t move. Anything slightly related to rockets just keeps dropping. I have to ask one question: is this reasonable? Who can be sure about the news that these rockets have been delayed and launches paused? No doubt, the biggest winner is Elon Musk himself. Give up your fantasies—get ready to fight, brothers. Don’t easily give up your short positions. See two digits at #SpaceX .
Do you know why $SPCX is falling? Yesterday, when Tesla released its earnings report: net profit was 140 million. That’s different from the previous estimate—Tesla started to fall. Then Musk kept saying Tesla and Spacex want to merge. The cars can barely make money, and they still want to drag the rockets down? Although the rockets are kind of finished too. Don’t think about bottom-fishing. You bought at 125 yesterday; today it’s 115. If that 115 bottom-fishing turns into 105? The short-sellers make 10 billion USD. Tesla’s net profit is 140 million USD. Who has the cash-flow problem? Who is sending a rocket launch pause? Who is emphasizing short positions? All of this points to one person: Musk. He himself is shorting SPCX! #SpaceX
I originally planned to connect with $SPCX 125 and continue going short. But I didn’t expect it—didn’t expect it. Garbage is still garbage. It already dropped to 116—what about it? Shorting the Air Force’s order? Is someone still buying the dip? 120 at an ultra-low price? Then you won’t be able to get out of the trap. From 129 short to 116—I won’t say more. Get the profit—#spacex
$SPCX 's yesterday's pull-up was overall pulling up and now the price has dropped back to yesterday's lowest again What? Is letting you go short meant to harm you? Today it can break the new low Just think—since everyone has to get ready for the next launch, it can still drop! What else can you expect? Expect him to pull up? Don’t let the air force easily give up your position #spacex
You can get $WLD for free every month. Previously you could get 3 tokens per month; now it’s 1.5 per month. Your income has dropped, but it’s still free—better than nothing. On the mainland, you can’t bind your passport; otherwise you could get extra. #wld
$SPCX opened high and then fell back Yesterday it almost got to 130—now it’s back down to 123.7 If you had gone short yesterday, then you’d be starting to profit again Don’t have any fantasies about the rocket—falling is the norm Once the rocket is launched, it just comes down to whether it succeeds or fails Right now, only the rocket itself can pull the price up or slam it down I have to say, just look at what this candlestick chart looks like…🤣#spacex
Regarding the latest performance of $SPCX , based on tonight’s pre-market outlook, the stock is still expected to keep falling without end. Every time a favorable piece of news is released, the chart becomes extremely unstable.
If the position you took over was around 180–190, then you likely won’t be able to break even in the short term. In theory, with about 5% of available float, it should be easy to push the price up, but in reality it just can’t be moved.
The suggestion is to keep holding the short positions. SPCX is trying to break down below 110. If it reaches the 110 resistance level and then breaks through, the support that keeps the price in the double digits will be broken very quickly.
As for the V3 that will be sent on Friday this week: if the launch is completed, the market may rise. But if the launch fails, then a break below 110 will come very soon.#spacex
$SPCX in-stock, was cut by more than 5000 u Right now I really don't believe such a huge volume could end up like this If I wake up tomorrow and it gets liquidated, then that's my fate If it doesn't get liquidated, then I’ll stay short all the way #spacex