While SpaceX enjoys a dominant position—controlling more than half of global orbital launch capacity and maintaining cash-flow positivity—skeptics remain. Technology strategist Luke Lango warned that betting against the firm is fraught with risk, despite concerns regarding its complex corporate structure and the fragmented focus of its leadership. Starlink, with its 8.5 million subscribers, serves as a critical recurring revenue engine that continues to defy conventional short-selling logic.

Simultaneously, the PHLX SOX Semiconductor index is clawing back ground following last week’s steep decline. Although some market observers, including Sibilla Global Fund manager Lorenzo Di Mattia, draw parallels between the current AI-driven valuations and classic speculative bubbles, they acknowledge that such momentum can persist far longer than traditional models suggest. For now, the sector maintains a precarious balance between aggressive growth expectations and the reality of market correction.