EchoStar offers right-tail exposure to SpaceX with significant downside protection, anchored by the stick value of its hard spectrum assets. x.com 

SpaceX has broken out above its prior $150 resistance zone and is continuing higher as whale accumulation surges to 85.18%. The earlier volatility hole and descending ribbon marked the cycle bottom amid retail fear. Momentum bars at $147, $151 and $161 should act as support, with resistance at $176 and $190. x.com 

SpaceX might be one of the best IPOs to short in history: it listed into one busted theme at the end of its bull market, space, and another near bust, AI, having latched onto AI just before the IPO after years as a space company. It is super liquid with a huge market cap and a big following that ignores technicals and will hold all the way down in a bear market. x.com  x.com 

SpaceX shares did not implode when the first lockup period ended, which supports staying bullish and ignoring the media telling investors what to do, though the call could still prove wrong. x.com  x.com 

SpaceX looks due for a bounce because sentiment has become extremely negative and stretched rubber bands snap. The stock fell from $171 on June 30 to $108, its lowest close, on worries about the lockup, high beta and AI, and permabears declaring victory is a contrarian sentiment signal. Large holders likely hedged with shorts or puts on SpaceX or on AST SpaceMobile, Rocket Lab, Planet Labs and Intuitive Machines, and that unwind could be violent. The negativity should abate. x.com  x.com  x.com  … Show more

SpaceX's stock is the most egregious case yet of retail investors being manipulated into serving as exit liquidity for Wall Street. Its fall was expected by everyone, even if the timing was not. x.com 

SpaceX shorts are crowded into a stock that big institutions are set to buy. Real-time short interest is 289.1M shares, or 45% of the 638.9M share float, up from 35%. Fidelity, Baron, Vanguard, Invesco, BlackRock and Capital Group know the August 10 lockup expiry is coming and want to gross up their positions; Fidelity will not stay at 1.66%. The first several quarters of a newly listed company are also usually heavily sandbagged. x.com  x.com  x.com 

SpaceX's pullback is a buying opportunity because its planned $40 billion financing is debt, so it will not dilute shareholders. Servicing it adds substantial interest expense that hits margins and free cash flow; Elon Musk is betting returns from the newly acquired Nvidia compute will comfortably outpace it. Televised coverage of Dragon's October 8 return could spark a move. Targets are $190, then $225, then no ceiling. Options flow is mostly bullish, though some big calls printed bearish. … Show more

SpaceX shares will probably drop into the $60s after the lockup expires, so now is not the right time to get involved. x.com  x.com 

SpaceX shares look tempting as the lockup partially ends, with Finviz showing almost a 30% short float. There is no sign of a rush to sell at these prices: many chased the stock at $200, and very few want it in the low $100s. x.com