Cathie Wood: "$SPCX could become the most important company in global history." Our PRO team called this exact price on SpaceX before the stock ever got here (Save this). Back on July 13 with $SPCX still above $139, our PRO team's Kyle put out a prediction. His buy zone sat around $115 and he said the stock would likely keep chopping into the August unlock before that level showed up. SpaceX closed at $118.24, down 47% from a June peak above $225. Part of this drop is ordinary post IPO unlock jitters. August 6 brings an insider unlock that could double the tiny public float. @CathieDWood continues to buy the dip in $SPCX. ARK has bought more than $475 million of SPCX since the IPO across its ETFs buying on the way up and adding again as the stock fell through the $119 to $154 range. That position now sits $60 to $85 million underwater given how far the stock kept falling after ARK bought in. The operating business underneath all this volatility has not changed. Our PRO team's Melvin frames SpaceX as a full stack infrastructure company across launch, satellites, broadband, defense, AI compute, power and manufacturing. There is also a decade long proof point sitting in the background. Alphabet's roughly $900 million investment from 2015 is now worth more than 100 times what it paid. Melvin's own price target sits at $225 to $250 by year end and our PRO team already holds a position. View both their portfolios for $1 (link below).