This old horse's $SPCX is like a money-burning machine.
In the first round of funding in '21, it raised $1.16 billion, back then valued at $74.1 billion. After several funding rounds, the valuation skyrocketed. Now, with today's IPO, the total market cap of SpaceX is $1.77 trillion.
Gold/Silver, have you entered the market in this wave?
Silver rose for several days—then fell back to pre-liberation levels in just two days. If you have been watching the market these past few days, you will likely feel a strong sense of disconnection: just a few days ago it was 'precious metals invincible, breaking new highs', and suddenly it turned into 'continuous large bearish candles, super waterfall'. However, I prefer to understand it as a typical complete cycle of 'narrative-driven → crowded trades → structural deleveraging'. What really causes the crash is often not the emotions, but the underlying rules of the international market. Last Friday (1/30), precious metals experienced a historic drop, and the downward pressure continued on 2/2. The magnitude mentioned in the reports is very intuitive: spot gold fell by about 9% on 1/30 in a single day, called one of the largest single-day declines since 1983; silver was even more extreme, with the drop on 1/30 described as a 'record level' (about 27%) single-day plunge.
$SPCXB $SPCX On June 16, US markets opened with mixed results; the Nasdaq dipped 0.13%, the S&P 500 fell 0.01%, while the Dow Jones climbed 0.43%. SpaceX|$SPCX continued its bullish run, soaring over 22%, with the share price crossing $200 for a new all-time high, bringing its market cap to over $2.7 trillion, surpassing Amazon AMZN to become the fifth-largest stock in the US.
Western Digital (WDC.US) rallied over 7%, and Seagate Technology (STX.US) jumped nearly 4%, both hitting fresh highs!
Qualcomm (QCOM.US) rose more than 2%, reportedly in talks to acquire Tenstorrent to enhance its AI chip capabilities.
$SPCX has been on a steady climb, hitting a peak price of 228U, now sitting at 210U, with a market cap of 2.75 trillion dollars💰
The spot trading pair launched on Binance is $SPCXB Elon Musk has also become the world’s first trillionaire.
【IPO Core Key Data】 Ticker: SPCX Issue Price: 135 USD/share Current Price: 210U, up 55% The opening price on the first day was around 153 to 156, then it took off directly.
Major Market Crashes in US History: 1907 Panic -48% Recovery took 10 years 1929 Great Depression -89% Recovery took 25 years 1973 Oil Crisis -45% Recovery took 9 years 1987 Black Monday -36% Recovery took 2 years 2000 Dot-com Bubble -78% Recovery took 13 years 2008 Financial Crisis -57% Recovery took 5.5 years 2020 COVID Flash Crash -34% Recovery took 6 months 2022 Rate Hike Shock -27% Recovery took 18 months 2025 Tariff Storm -23% Recovery took 1.5 months Each crash, followed by recovery, short-term panic, long-term confidence.
A lot of folks don’t realize why a new high is important. Because a historic new high means: No bag holders. No previous resistance levels. All holders are in profit. The market is entering a new price discovery phase. And now, $BEAT has officially crossed $8. For trend traders, this is often one of the most crucial phases to pay attention to. $BNB #binance $BEAT