video1.0<iframe src="https://www.loom.com/embed/c1e774685c1347b29f46a270ffbc5b9d" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/c1e774685c1347b29f46a270ffbc5b9d-e9119033ccb3b8cb.gif212.299This Loom discusses SpaceX stock price action and argues the shares may be bottoming out after a sharp early decline. The speaker notes the IPO saw heavy bearish sentiment already built in, then fell more than 50% in the first year, a pattern often seen in past IPOs. Over the past three weeks they count nine support or accumulation days, with a potential support range around 105 to 110, and highlight August 1 and subsequent high-volume moves after earnings. They conclude big investors such as Fidelity and T. Rowe Price appear to be accumulating positions and expect continued buildout, while acknowledging September can be tricky.