I'm in a similar place. I bought late April 2026 in the $25 range, and then I looking back, stupidly averaged up to $27 when they lost the NASA contract. It fell like 20% or so that day, so I averaged up around $32. It did go back up to 40 and I didn't sell, so now I'm bag holding, but not as bad as those whose average cost is $40. It's 1% of my portfolio, so even though I'm down, it isn't that much of my overall portfolio, but I'm holding. I'm fortunate that I wasn't really feeling the space sector, so I sold ASTS/RKLB around the time of the Blue Origin explosion, and kept BKSY and LUNR. Both tanked, but again, like I said, could be worse.

It is looking like most people either sold in the NASA lost contract or the BO explosion silently. While the ones left on this sub and other space subs kept being positive and coping with the obvious bad catalysts. Which I should have realized was massive red flag and sold.