The first Starship flight test as a publicly traded company is taking place today. The launch window opens in about 6 hours. Definitely find your way to YouTube to watch that one live. It should be the final flight test before they try to catch both the booster and Starship with the launch towers.
The point I want to discuss here can be kinda off-topic, but still, it's regarding SpaceX.
I wanted to discuss some points on the current situation regarding the SpaceX stock price and some other points as well. Some days ago i reaad news headline that SpaceX's market cap lost almost over 1 trillion in just a month. This is insane and a huge drop just in a month, and that also points out that Elon Musk lost his trillionaire position because of this. Do you know why the SpaceX market dropped this way?
Well, today I was watching a new video on social media from which I came to know that China has also tested its very first rocket launch, and it was a successful test on the first try. Meaning that SpaceX now have its competitor in the market, which can be a challenging thing for SpaceX company. What do you think regarding this matter?