🚹 $SPCX CLOSED LOWER — BUT THE BIGGER STORY IS JUST STARTING

SpaceX closed today at around $161.84, down 3.44%.

After the huge run earlier this week, today's pullback isn't surprising.

But there is a much bigger debate developing around SpaceX 👇

đŸ€– THE BULL CASE

SpaceX is increasingly becoming an AI infrastructure company — not just a rocket company.

‱ Starlink continues expanding globally
‱ AI infrastructure could become a major new revenue stream
‱ SpaceX is reportedly looking to raise $40B to acquire Nvidia AI chips
‱ Analysts continue to see significant long-term upside

Some analysts now see fair value well above the current price.

⚠ THE RISK

That $40B AI expansion doesn't come for free.

SpaceX's credit risk has risen sharply as investors question how much debt the company can comfortably carry while funding such an aggressive AI build-out.

So today's 3.4% decline raises an interesting question:

Is this simply a healthy pullback after a huge rally — or is the market beginning to price in the risk of SpaceX's massive AI spending?

Personally, I'm watching $160 very closely from here.

If buyers defend that area, the long-term story remains interesting.

If it breaks decisively, the market may want a deeper reset.

👀 Would you buy $SPCX around $160, or wait for more confirmation?

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