◆ NeutralSPCX
Why This Could Be the Worst Time to Buy SpaceX Stock
The Motley Fool·
SpaceX stock has fallen below its IPO opening price of $150 despite raising a record $86.7 billion. The article warns this may be the worst time to buy due to three factors: general tech sector weakness, early investor profit-taking, and an upcoming lockup period expiration in early August that could flood the market with 6.8% of total shares (911.5 million shares), potentially driving the price significantly lower.
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