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

The article argues that Bitcoin may be a better investment than SpaceX after SpaceX’s post-IPO surge lost momentum. SpaceX, which briefly reached a $2.66 trillion market cap after its June 12 debut, has fallen back to about $2.02 trillion, erasing over $600 billion in value in less than two weeks as investors question its very high valuation and current losses. The piece says Bitcoin has also been under pressure, but its long-term case remains intact thanks to limited supply, the 2028 halving, possible adoption by companies and governments, and continued support from spot ETFs. The author frames the decline in SpaceX as a potential rotation opportunity back into Bitcoin and suggests SpaceX investors may face more downside when lockup periods begin to expire.