Took some trades on SpaceX $SpaceX(SPCX.US) today. Bought and sold for a few bucks, but this thing is absurdly volatile, which ironically will attract many traders.
130M shares traded after 500M traded on Friday. Options open up tomorrow and I would bet that $SpaceX(SPCX.US) is in the top 5 daily, like $NVIDIA(NVDA.US) and $Tesla(TSLA.US), for most calls/puts traded every single day. Holding a $2.3T valuation on $20B of revenue, Elon said over the weekend he feels revenue can 50x by 2030 to $1T. Who’s buying?$SpaceX(SPCX.US) +11%Source: amit
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