$SPCX is down 11.21% in pre-market trading after yesterday’s 9.43% surge. The volatility comes as investors digest the latest SpaceX financial expectations and valuation discussions around one of the most anticipated private companies in the world. Unlike public companies, SpaceX doesn’t report quarterly earnings, so every major move in private-market pricing tends to be driven by investor demand, secondary market activity, and future growth expectations around Starlink and its space business. This is the part people forget: Owning exposure to the biggest private companies comes with huge upside potential, but also huge volatility when sentiment shifts. SpaceX remains one of the most importa
