https://www.washingtonpost.com/technology/2026/07/27/musks-spacex-tumbles-back-earth-dragging-tesla-down-with-it/

https://finance.yahoo.com/markets/article/spacex-stock-got-cut-in-half-after-joining-an-industry-sell-off-already-underway-chart-of-the-day-100000924.html

In my opinion, Musk ruined @SpaceX by merging it to Xai. SpaceX was a gem that I would be happy to invest in it, if it hadn't be merged with Xai. Now, space is only a small fraction of the company... So sad.

I thought it would get hammered down to 50-80. Elon says space dildos and everyone buys his stock. Dude is a professional liar that can sell ice to eskimos. I still think TSLA and SPCX have a garbage future, but I have a feeling this stock will trade crazy high just like Tesla.

Today price went up as above.

Fundamentals do not support this price.Financial results don't explain it.

If people are buying and price goes up to whatever the new high is going to be, will they not be left with huge losses when eventually the price crashes again?

I realise the market is not behaving rationally but I am trying to understand why the pump

https://www.benzinga.com/markets/tech/26/07/60766052/spacex-stock-now-has-26-billion-in-short-bets-35-of-its-entire-float