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Space Exploration Technologies Corp. (SPCX) Stock Just Lost $1 Trillion in a Month. Is the Selloff a Buying Opportunity or a Warning?
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Space Exploration Technologies Corp. (NASDAQ:SPCX) stock fell for a seventh straight session on Monday, dropping 3.3% to $119.85.
So, analyst DiPalma estimates Space Exploration Technologies Corp. (NASDAQ:SPCX) controls over 90% of the rocket launch market, putting it roughly a decade ahead of its closest competitors.
As of July 17, nearly half of Space Exploration Technologies Corp. (NASDAQ:SPCX)’s tradable float was out on loan to short sellers.
The next big moment for Space Exploration Technologies Corp. (NASDAQ:SPCX) is the rescheduled Starship launch on July 23.
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