The reason for the drop in speace X$specX is the issuance of 20 billion in bonds. Such massive debt triggered panic, and the circulating supply is so limited. After the financial reports in July and August, a large number of shares will be unlocked, changing the supply-demand dynamics drastically.

If you can't even grasp crypto, then don't jump into stocks. EPS and ROE don't meet the standards for value investing.

I think this is more of a hype and faith stock. People believe it's the future of humanity.