Definitely shooting… my thinking 🤔 mine only, the market will continue to party till SpaceX listing… I suspect its price will shot higher even if the starting price was already super high. It will suck up those euphoria to ironically end all parties… the big whales 🐋 will leave the party 🎉 first, leaving the retailers to continue chasing the shadow of money 💰. Then, it will all come crashing down when there is no one left to pass the buck to.
This is not a popular opinion… yup, just an opinion of mine, and mine only. The partygoers obviously want the party to go on forever… with war still unsettled, US fiscal debts still growing strongly, AI investment going crazy 🤪, this does not look your normal market. It’s obviously at its melt up phase… and bubble bursting could be anywhere around the corner. SpaceX is simply a good trigger…