Heading for junk? It's absolutely junk and trash. Every retail investor that I know that bought SPCX, did so to make a quick buck. It's even worse than crypto, at least some people believe crypto has value and will take over or replace fiat currency. No one that I know who bought in SPCX did so believes the space data center story or going to mars. There's certainly value in launching things into space, but none believed the valuation with the profit, but the figured Elon has the midas touch and they could cash out before the music stopped.