SpaceX Just Lost $600 Billion in Value in Less Than Two Weeks. That's Why I'm Buying Bitcoin.

SpaceX's stock has declined sharply from its record high of $225.64 to $160 since its June IPO, losing over $600 billion in market value. The author argues the company's valuation is excessive at 106x sales despite 33% revenue growth, and recommends Bitcoin as a more compelling investment as growth investors pivot away from crypto back to cryptocurrencies.