What do SpaceX, Bitcoin, and Silver have in common? | 7-24-26

7-24-2026

Beyond being widely discussed investment topics over the past year, each is currently in a drawdown of more than 40% from its most recent 12-month high. The chart above shows these assets alongside several other widely followed investments.

When an individual asset experiences a sharp rise in price, it’s easy to focus on the upside. However, the chart above highlights the importance of also considering the potential downside and volatility that can accompany concentrated exposure to a single investment.

Volatility is a two-way street, and recent winners can experience significant declines just as quickly as they rise.

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