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$SPCX SINKS TO FRESH LOW AFTER STARLINK AND STARSHIP MISSIONS FAIL 😱
SpaceX token dropped 3.34% on Monday to close at $119.85, hitting its lowest level since the IPO. Two recent launch aborts — a Falcon 9 Starlink mission and Starship's auto-shutdown at T-1 second — are raising questions about operational reliability.
The selloff comes right ahead of Q2 2026 earnings on August 4th. With back-to-back mission failures and a suspension of Starlink launches, the market is pricing in execution risk. Volume spiked on the breakdown, and we haven't seen any bounce yet.
Are you waiting for the earnings catalyst or stepping in now?
Not financial advice. Always manage your risk.
#SPCX #SpaceX #LaunchFailure #BearishSignal #Crypto
😱
SpaceX token dropped 3.34% on Monday to close at $119.85, hitting its lowest level since the IPO. Two recent launch aborts — a Falcon 9 Starlink mission and Starship's auto-shutdown at T-1 second — are raising questions about operational reliability.
The selloff comes right ahead of Q2 2026 earnings on August 4th. With back-to-back mission failures and a suspension of Starlink launches, the market is pricing in execution risk. Volume spiked on the breakdown, and we haven't seen any bounce yet.
Are you waiting for the earnings catalyst or stepping in now?
Not financial advice. Always manage your risk.
#SPCX #SpaceX #LaunchFailure #BearishSignal #Crypto
😱
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