1/2 SPCX just vaporized $600B in a week: -35% from SpaceX’s post-IPO high. 🚀📉 That’s 4x Warren Buffett. 3.5x Jensen Huang. Gone in days. SpaceX erased more wealth in under a week than most of the world’s richest people built in a lifetime. But a 35% drop doesn’t mean the bottom is in: ▪️ Positioning: $100B+ retail buy orders, ~290M shares/day. That “buy and win” euphoria signals a top, not a bottom. ▪️ Early money: VCs and institutions sit on a far lower cost basis, with every incentive to take profit.(BloFin Research)