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The market might return spaceX to 220 at the end of the year if it remains bullish based on trends. But valuation wise it is still not profitable so I do not think it can hold for long term after the venture or big money has exited the stocks it might drop 50-80% if its cash flow remains tight or even unprofitable. DCA slowly into the stock if you like the stock do not go all in because no one knows when the crash or correction will happen and after the crash will it recover quickly or not

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Captain's Watch
☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX Jumps 7.6%

SpaceX ripped +7.6% after Morgan Stanley called it one of the cheapest ways to own space and AI, putting Musk back above $1 trillion. Nvidia closed at a record and dragged the Nasdaq to one too. The c...

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