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Have space stocks finally bottomed? Drop your reasoning in the comments.

Space stocks, including $SPCX, $RKLB, and $ASTS, have been crushed in recent weeks. Is the selloff finally over? Cast your vote and drop your reasoning in the comments.
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Top Replies
RemySilver
No they haven't bottomed, space is an endless void, and the companies need endless funding. Don't be stupid, invest in something that is either profitable or profitable within 5 years. Just my opinion..
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drewkaiser
I'm rooting for symbol logo$ASTS, and NOT the guy who gave CLEAR AND INTENTIONAL Nazi salutes to an American flag, at a presidential campain event, live, in front of the whole world. Elon Musk is not Nicola Tesla. Elon Musk didn't invent math, physics, chemistry, or money itself. He did not invent batteries. He is not even a legit engineer. He even said the engineering degrees were basically not necessary, and proceeded to hire a bunch of elite, UNIVERSITY TRAINED ENGINEERS from NASA. He is not singularly the great creator. Please stop giving him and his cabal more money.
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ItsCarRamRod
The selloff is FAR from over for RKLB. It is only green today thanks to ASTS, RDW, SPCX literally dragging it higher thru ETF purchases. It would not be green given its own merits in a silo. It will Also likely easily give back that gains before the end of the week since it did not gain on its own merits.
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Clotho
they all have such different purposes that I scratch my head when the unaware group them together in one generic bucket.
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JPaxton369
From a technical standpoint, they're probably close for some sort of a reversal because it always happens. From an investment standpoint, no because none of them profit, have products, or can even get a rocket into space let alone back in one piece. Scam isn't a harsh word at all for space stocks until any of them can PROVE they can do their thing with these rockets without any problems or casualties.
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TacoWhisperer
these polls are fucking annoying, give us an option to opt out of them. Can't even block you to stop them
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torchfighter
The market had time to take a breather plus a lot of space stocks are now much closer to their intrinsic value, which by itself acts like a strong support.
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coder79
symbol logo$SPY symbol logo$QQQ 🚀 Coil tightening… A break above 755 could trigger another multi-week run. Key risk: lose 720 and the setup weakens. Watching the breakout.
Valuesys
a slow recovery is the future a dollar up every few days
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stk70
Space business competes with earth business on top of being very hard and investment heavy. Besides China is direct competitor to spacex.

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