$SPCXB 🚨 SPCX Crashed 40% From Its High Buy the Dip or Run Away?
SpaceX hit the Nasdaq just weeks ago and already the drama is REAL.
SPCX is trading at $123 today down hard from its all-time high of $225, and now sitting below its $135 IPO price.
Short sellers against SpaceX have grown to 32% but Elon Musk is warning them they won't survive.
Meanwhile the smart money is moving. Cathie Wood just poured millions into SpaceX stock while dumping Shopify. This is the same woman who loaded up on Tesla when nobody believed in it.
27 analysts have a price target of $240 on SPCX that's 94% upside from where it trades today.
Charts show SPCX bouncing off the $122 key support level if it holds, next target could be $169.
The real test? SpaceX's first-ever earnings report is coming — and it could be the biggest catalyst for the stock, either way.
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