The chart analysis (daily SPCX candlesticks, mid-June to mid-August 2026) confirms negative convexity from massive retail participation. The IPO on June 12, 2026, was at $135, peaking at $225.64 (+67%) on June 16, then bottoming around $105-110 in late July/early August. A recent rebound (highlighted blue zone) shows +37.79 points (+35.27%) over 11 days 7…