Sequoia Capital Partner Sean Maguire appeared on CNBC to discuss the public listing of SpaceX. In his analysis, he drew a parallel between the current state of SpaceX and another major beneficiary of the AI boom.
“In my view, SpaceX at this stage more closely resembles NVIDIA from three years ago, rather than Tesla Motors,” Maguire stated. “I say this because I am extremely bullish on its potential for explosive revenue growth.”
Maguire further commented that, as a personal investor, he intends to “hold my SpaceX shares permanently.”
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