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#SpaceX1.6BDeal

Q: What is SpaceX1.6BDeal?

SpaceX1.6BDeal is The US Space Force awarded SpaceX a $1.6B contract on July 30 for 18 Falcon 9 launches. But the win and the stock went opposite ways: shares are down about 49.7% from their mid-June high of $225.64, below the $135 IPO price. Per S3 Partners, roughly 29% of the float is sold short, and a first batch of locked-up shares unlocks in August. Military orders confirm the moat; valuation give-back and unlock pressure loom. Does a great company equal a great stock? That's the debate.. Follow this topic on OKX Orbit for the latest community posts and token insights.

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About SpaceX1.6BDeal

The US Space Force awarded SpaceX a $1.6B contract on July 30 for 18 Falcon 9 launches. But the win and the stock went opposite ways: shares are down about 49.7% from their mid-June high of $225.64, below the $135 IPO price. Per S3 Partners, roughly 29% of the float is sold short, and a first batch of locked-up shares unlocks in August. Military orders confirm the moat; valuation give-back and unlock pressure loom. Does a great company equal a great stock? That's the debate.

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