But just as Elon Musk was getting ready to collect the rent, today's brutally hot Non Farm Payrolls jobs report crashed the party.
The US economy had a staggering 162,000 new jobs, nearly triple the consensus expectations.
SpaceX's rally ran into a wall & slipped back to USD 147.95.
Is it a true value discovery or an overhyped narrative?
The truth has not changed. SpaceX which controls the orbital networks, rocket fleets & mega scale AI data centre - controls the entire chain.
However with a 77x sales multiple, a higher for longer interest rate leaves zero margin for error for SpaceX.
Invest SPCX with caution.
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