$SpaceX(SPCX.US) I'm increasingly feeling that this makes sense. Many people were scared by the unlocking of hundreds of billions in value. Additionally, even if it drops to 100, early investors will absolutely have made a fortune. However, those who subscribed during the IPO actually lost money for real. Are institutions stupid? Sometimes yes, but mostly no.
However, SpaceX still needs to deliver fundamentals worthy of its market cap. I believe it will do so.
So, I actually hope it continues to dump, giving us small retail investors some better chips to play with.
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