Sunday, July 26, 2026
SPCX search interest collapsed 96% from its June peak as the SpaceX IPO retail hangover continues, while the short squeeze narrative produced only one winner (SLS +153%) against three losers including HTZ crashing 66%. Macro anxiety has evaporated with recession searches down 88% and prediction markets pricing just 12% odds, suggesting peak complacency.
Ongoing Stories(4)
SPCX (SpaceX IPO proxy)
Winding DownSearch interest has collapsed 96% from peak to just 2/100, while price continues to decline to $118 (down 44% from peak). The retail hangover is complete.
See previous coverageRecession 2026 fears collapse
Still TrendingRecession searches hit new lows at 10/100 (down 88% from June peak). Prediction markets confirm only 12% odds of US recession in 2026.
See previous coverageShort Squeeze Graveyard
Still TrendingFinal scorecard: SLS +153% (winner), IBRX flat, WEN +6%, HTZ -66%. Only 25% success rate for short squeeze narratives tracked this month.
See previous coverageSandisk (SNDK) volatility
Winding DownSearch interest remains near zero despite price holding at $1610 (up 50% from April but down 31% from June peak of $2335). Retail has moved on.
See previous coverageVisualizations(5)
SPCX Price vs Search Interest: The Retail FOMO Cycle
SPCX price peaked at $211.39 on June 16, the same day search interest hit 51. Since then, price has declined 44% to $118 while search interest collapsed 96% to 2. Retail chased the IPO at the top and has since disappeared.
Short Squeeze Graveyard: Price Performance of Hyped Names
Since April, SLS gained +153% (the only winner), IBRX is flat at +1.5%, WEN is up only +6% despite squeeze hype, and HTZ crashed -66%. The short squeeze narrative produced one winner and three losers.
Recession Odds: Prediction Markets vs Search Sentiment
Prediction markets price US recession odds at just 12%, Japan at 9%, and UK at 26%. This aligns with the collapse in recession search queries, confirming the Q3 2026 sentiment reset is priced in across both retail and prediction markets.
Retail Search Interest: The SPCX Hangover
SPCX search interest peaked at 51 on June 16 during the SpaceX IPO frenzy, then collapsed 96% to just 2 by July 26. Wendy, SNDK, and SLS barely register any search interest despite price volatility. Retail attention has abandoned the SpaceX proxy trade.
Macro Anxiety Collapse: The Great Fear Evaporation
Short squeeze searches collapsed 85% from 26 to 4, recession 2026 searches fell 88% from 80 to 10, and stock market crash searches dropped 83% from 100 to 17. Retail fear has completely evaporated in July.