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 SPCX Drops 4.5% Below $150 — JPMorgan Calls Merger 'Rational,' Is $220 Credible?
SpaceX (SPCX) fell another 4.51%, breaching $150 as tech sold off on geopolitical headwinds. The bull-bear split is stark: JPMorgan called a potential Musk-led SpaceX-Tesla merger "strategically sound," and one forecast sees SPCX at $220 by year-end — while short-seller Jim Chanos mocked its valuation as bubble excess. With a $220 target squaring off against bubble warnings, do you trust the upside case, or stay cautious on a high-valuation name?
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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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