The moment $SpaceX(SPCX)$ went public, it threw a wrench into one of Wall Street's favorite labels: the Mag Seven. With its valuation surging above $2 trillion after listing, SpaceX immediately surpassed Tesla and Meta, becoming one of the most valuable technology companies in the world. When a $2 trillion tech giant isn't part of the Mag 7, does the term still represent the leaders of the technology sector? SpaceX Doesn't Fit the Mag 7 Playbook For years, the market's tech leaders were simple: $NVIDIA(NVDA)$, $Apple(AAPL)$, $Microsoft(MSFT)$,
SpaceX Slides for Third Day to $185 — Time to Exit?
SpaceX (SPCX) fell another 3.56% today, retreating to $185 as IPO euphoria rapidly fades. Analyst sentiment has shifted cautious, with calls to 'sell based on historical IPO patterns' and advice for long-term holders to 'take profits into strength.' The first sell rating has emboldened bears, while questions over AI disrupting its core business add pressure. From a post-IPO surge to three straight losses — do you sell the next bounce, or wait for a deeper pullback to buy in?
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