SpaceX still digesting the Nasdaq 100 inclusion, hovering near its debut price while the rest of the market rips. that relative weakness on a risk-on day is the tell. index inclusion gave it a one-time bid and now it trades on fundamentals and that October lockup overhang. i traded around $Invesco QQQ Trust (QQQ.US)$ into the event and i'm out. watching, not owning, until the lockup clears.
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