CoinDesk news: After three days of losses, SpaceX’s share price is nearing its IPO price, with losses totaling tens of billions. This volatile performance highlights the challenge of maintaining market confidence under speculative valuations and financial leverage.

SPCX-2.20%
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FlamingoFacingJudgment
· 2h ago
After a drop this much in three days, brothers who are holding positions probably won’t be able to sleep tonight.
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FrontrunFail
· 3h ago
The IPO price has become a psychological line of defense—once it breaks, it looks bad.
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PerpPaperTiger
· 3h ago
SpaceX’s volatility has been pretty intense lately—within three days it has dropped back to around the IPO level; they’re playing with a lot of leverage.
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GateUser-176c498f
· 3h ago
Speculative valuation + high leverage—the classic double-edged sword combo
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ExitLiquidityStan
· 3h ago
Tens of billions evaporated; market confidence is even more unstable than rocket fuel
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