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First, technically speaking, $SPCX surged too much yesterday, so today's pullback is part of a cleanup. Secondly, the previously supportive bullish news has also been diluted. For example, Musk initially said Grok4.6 was very strong, but then DeepseekV4PRO was released shortly after, kicking it off before it even warmed up. This directly impacts the expected rental income from computing power leasing. For example, the internal speech released on August 11 claiming AI accounts for 99% of SpaceX's value has been highly controversial, with some considering it a distraction from core business. This directly hits investors attracted by Starship, Starlink, and defense contracts. Also, the so-called Wall Street report claiming 300 billion in revenue is full of loopholes meant to hype the stock price. First, completing 10GW of computing power by year-end is basically impossible. Second, it linearly extrapolates the premium during the current computing power shortage. Moreover, cross-industry hoarding of computing power actually proves Grok itself cannot absorb the computing power. The so-called rapid construction of computing power centers using second-hand Chinese power equipment will inevitably face many difficulties in implementation. Holding 139–140: can still be defined as strong turnover after a breakout Recovering 143–145: indicates today's main action is profit-taking cleanup Closing below 138.7–139: the gains from yesterday's AI PR combo are basically given back, and the next step will likely test the 135 issue price If 135 is also lost: return to the 130–133 range to find support again Only by reclaiming 146.15: can it be considered qualified to resume attacking 150 for $SPCX