Options777
06-18
I'm bullish on $Space Exploration Technologies Corp(SPCX)$ because Elon Musk runs it. that's all, man has created incredible ventures through his life, this is no different.
SpaceX Surges 6.1% Through $116B Lockup Expiry — Is the Overhang Truly Gone?
SpaceX +6.14% Thursday, straight through the largest lockup expiry on record — 911.5 million insider shares, roughly $116 billion, turning sellable. It dipped at the open, then reversed. Attention swung back to the first earnings report: core profit beat, segment losses narrowed sharply, only AI capex ran slightly hot. Cathie Wood bought the dip, JPMorgan revised its target, Musk called Starlink undervalued. Peer SSPC still fell 12.16%. Biggest overhang cleared, sector not following — inflection, or just the end of the selling?
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Comments

  • CashCity
    06-18
    CashCity
    elon musk is a man with plenty of words but no substance
    • CashCityReplyOptions777: 
      if you actually read tesla's cash flow and income statements last year you would see there is negative free cash flow. his companies are all overvalued and thats how he is a trillionaire. he doesnt have cash, only assets that are valued high
    • Options777: 
      I dont think he's just air. his companies do produce a lot of results at a scale that most people. maybe he didn't really do everything personally or come up with the ideas, but being at the top at leading all these bright minds is no easy task
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