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SpaceX Just Lost $600 Billion in Value in Less Than Two Weeks. That's Why I'm Buying Bitcoin.

nasdaq.comJun 29, 2026

SpaceX's stock, after a record-breaking IPO and a brief surge to a $2.66 trillion market cap, has lost over $600 billion in value in less than two weeks. The article attributes this decline to an overvalued price-to-sales ratio and unprofitability, suggesting that investors might find Bitcoin a more compelling investment due to its long-term catalysts and tightening supply.

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