Atwosome
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SpaceX's recent IPO (NASDAQ: SPCX) was the largest in history, but with a market cap near $2 trillion, its valuation is already demanding perfection for future growth . The investment case hinges on Starlink, its profitable cash cow, funding capital-intensive bets like the Starship rocket and its expanding AI infrastructure business . While Wall Street is largely bullish, many analysts see limited near-term upside and caution that these unproven ventures leave little room for error .

SK Hynix Plunges 9.3%, Torching Memory Sector — Is the IPO Party Over?
SK Hynix (SKHY) cratered 9.32% to $152, reversing sharply from its blockbuster IPO debut to lead the entire memory sector lower. The selloff swept SanDisk, Micron, and the DRAM ETF into a collective rout. Just last week, SKHY raised $26.5B with 7x oversubscription, hailed as the best-ever ETF debut — Benzinga now calls it 'from best debut to bear market.' Does this plunge disprove the memory supercycle, or is it simply an overcrowded trade violently unwinding?
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