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Before SPCX's opening, I predicted the following in this article: Scenario 3: Moderate increase ($170-$190) — 40% probability Contract pricing is validated, supply and demand are balanced. Oppenheimer's $190 target price overlaps with this range. This is the most likely scenario. Today, SPCX surged to $180 and is now around $163, aligning with this highest probability expectation. After its inclusion (early July), the positive news will be priced in, and SPCX is likely to experience a significant pullback. So, the next one to two months probably won't be the best time to build a position. Maybe wait until September or October, after a major crash in the U.S. stock market, to bottom fish.

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