Musk Responds to SpaceX Stock Price Decline: Believes It May Be a 'Crazy Opportunity'
August 3rd, HyperChange podcast host Gali posted on social media stating that the current downward trend in SpaceX's stock price could become a "crazy opportunity" in the future, and attached a SpaceX stock price chart.
Musk responded to this by saying "I think so."
The accompanying chart shows that after going public, SpaceX's stock price briefly reached around $200, then continued to decline. As of July 31st, SpaceX's stock price was at $108.37, a drop of about 32.67% from the all-time high in the past year, showing a significant pullback from the historical peak. The current market capitalization is approximately $1.43 trillion.