Yeap agreed, too overvaluated. Predict a similar short squeeze situation as GME years ago.
@koolgal:
🌟🌟🌟While it is very tempting to buy SpaceX at USD 135, it is good to take a step back and ask if this IPO is worth the money. Morningstar analysts have valued SpaceX at just USD 780 billion, stating that it is 48% overvalued. However SpaceX has a wide moat as it effectively controls over 60% to 65% of the global commercial rocket launch industry. Its reusable Falcon fleet has reduced launch costs to levels that standard aerospace competitors cannot touch, leaving it as the only company capable of deploying global satellite networks at scale. SpaceX owns Starlink which has successfully deployed about 8,000 active low Earth orbit satellites, building an unassailable commercial monopoly on high speed remote internet. This subscription business model delivers predictable, recurring enterprise cash flows that will compound for decades. So it is really a Tug of War for investors whether to buy SpaceX on June 12 26. @Tiger_comments @TigerStars @Tiger_SG
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- koolgal·03:48Thanks😍😍😍LikeReport
