Not suited for such - if the stock pops, he could become world's first trillionaire but not much richer here. Current portfolio may ride along the overall market sentiment.
SpaceX Crashes 16%! Another 50% Downside, Exit or Add?
SpaceX plunged 16.43% today, breaching $155 and shattering the post-IPO euphoria in a single session. Bears are piling on, calling the valuation "astronomical" and flagging 50% further downside even under optimistic assumptions. Space proxy Rocket Lab (RKLB) fell 6.48% in sympathy — the retail frenzy lasted less than two weeks. With the "best IPO ever" now giving back gains, will you buy this dip or cut your losses?
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