SPCX is about to drop to $100! 1. First got included in IWB and QQQ, pulling in the last wave of FOMO funds. No new catalysts in the short term. 2. The August 6 earnings report is unlikely to exceed expectations. Current market cap is $2 trillion, but it’s only generating $7 billion in quarterly revenue. 3. Unlock wave incoming After the earnings report, the first 20% will be unlocked. Early investors are likely to cash out, triggering a chain reaction of sell-offs.