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AshiiPk
Sometimes I genuinely wonder how people come up with these valuations. 😅
$SPCX — some are claiming it went from 600 overnight and then crashed back to 80.
But think about what that means.
A $600 price would imply roughly a $7.9T market cap — around 1.5× Nvidia, 1.75× Apple, or 5× Meta.
Does that really make sense for a company at its current stage?
How much profit is SPCX generating today? And can anyone guarantee every rocket launch will be successful?
Even major bullish news usually gets priced in gradually. A massive overnight move to that scale is extremely difficult to justify fundamentally.
And about “why didn’t you short at 200?” — some people simply bought spot and are taking a different risk.
Markets are about expectations, valuation, and risk management. Don’t confuse hype with fundamentals.
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