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SpaceX Stock Just Crashed — Here’s Why

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Felix Prehn 🐶

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16,089 views • 4 months ago •via X (Twitter)

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Here’s why the stock market crashed today… S&P 500 $VOO = -2.59% Nasdaq-100 $QQQ = -4.80% Semiconductors $SMH = -9.22% Memory $DRAM = -15.08% Retail is selling their portfolio for SpaceX $SPCX … But there WILL BE A BIGGER CRASH COMING!
1:01

Here’s why the stock market crashed today… S&P 500 $VOO = -2.59% Nasdaq-100 $QQQ = -4.80% Semiconductors $SMH = -9.22% Memory $DRAM = -15.08% Retail is selling their portfolio for SpaceX $SPCX … But there WILL BE A BIGGER CRASH COMING!

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SPACEX JUST WENT PUBLIC! 🚨 BUT THIS COULD HORRIBLY CRASH THE STOCK MARKET. The Palm IPO marked the exact top of the dotcom bubble. March 2000. Most hyped IPO of the era. The Nasdaq topped that same month. Then crashed -78%. SpaceX IPOs at +2,000,000,000. The largest, most hyped listing in history. At the most overvalued NASDAQ ever.
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SPACEX JUST WENT PUBLIC! 🚨 BUT THIS COULD HORRIBLY CRASH THE STOCK MARKET. The Palm IPO marked the exact top of the dotcom bubble. March 2000. Most hyped IPO of the era. The Nasdaq topped that same month. Then crashed -78%. SpaceX IPOs at +2,000,000,000. The largest, most hyped listing in history. At the most overvalued NASDAQ ever.

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SpaceX dips -6% despite Morgan Stanley, JPMorgan, and other investors being bullish on the stock. 📉 Here's why SpaceX joining the Nasdaq 100 "is a headwind" for indexes going forward. Explore more premium news and analysis on SpaceX in AlphaSpace:
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