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Just now, $SPCX announced that it is suspending the launch.
Seriously, it’s a super powerful—insanely excessive—talking-all-the-time moment.
They prepared for so long, and then they just suspend the launch directly.
The market dropped straight by 7 percentage points, and it can still drop at the close.
This “suspending the launch” is actually no different from a rocket explosion.
Right now, it has fallen from 220 to 120, and it only took less than a month.
So yeah—if it’s going to flop, just flop and be done with it. What a trash project, #𝗦𝗽𝗮𝗰𝗲𝗫