X @Wu Blockchain

Market Performance and Valuation - SpaceX stock has experienced a decline for six consecutive trading days, currently trading 45% below its peak valuation [1] - Market analysts suggest that even if the stock price retreats toward the approximate $135 IPO price, the company should not be considered undervalued [1] Strategic Valuation Drivers - The company's historical valuation logic was significantly influenced by the integration of xAI rather than being solely dependent on core aerospace segments such as rockets, Starlink, and Starship [1] - Pre-merger sum-of-the-parts valuation for the combined entity of SpaceX and xAI is estimated to have been closer to $900 billion [1]