🎯 $SPCX at $119.85—11% below its $135 IPO price and 47% off the ~$225 June peak, with risk-off flows keeping post-IPO momentum negative. 📊 The $117-$120 support zone is pivotal; a break exposes $100, then $85 and $75-$80. Resistance sits at $135-$140, followed by $160. 📊 Aug.-Nov. 2026 lockup expirations pose a material supply overhang. The bull case centers on a three-gigawatt compute expansion generating $150B in revenue versus $73B consensus—a scenario, not guidance. 🔥 Watch price response at $117-$120 and any confirmed unlock details; reclaiming $135 is required to stabilize the technical structure. #SpaceX #IPO #Aerospace #AIInfrastructure
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