Lots of people are massive idiots. Quite a few people bought SPCX because they wanted to make a quick buck off of those idiots.
Also, the AI bubble is in the middle of popping, and 99.4 of the value of SPCX is in future AI nonsense while the other 0.6% is in actual space related things.
Recently, they failed to launch their new rocket because several engines failed in testing.
Lots of people are massive idiots. Quite a few people bought SPCX because they wanted to make a quick buck off of those idiots.
Also, the AI bubble is in the middle of popping, and 99.4 of the value of SPCX is in future AI nonsense while the other 0.6% is in actual space related things.
Recently, they failed to launch their new rocket because several engines failed in testing.
And you know they’re doing launch control shit with xAI now. Absolutely terrifying consequences