I think that SpaceX will one day be worth tens of trillions of dollars, but the valuation today feels too speculative. I expect a strong correction in 6 months or so when early investor lockups expire. I would not personally invest at these levels, I think 2Tn+ is insane based on their financials, and the market could correct to around 800B market cap or ~$62 per share. By March of next year I expect a significant correction and a good entry sub $80. If that thesis is proven wrong I might allocate by March of next year.
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