SpaceX Stock Crash Inevitable
SpaceX is the most over-valued stock in the Solar System with a stock valuation 100x current sales The smart money that invested in SpaceX as a private company knows it is wildly over-valued and will sell their stock when the IPO lockup periods expire this autumn. The float, the amount of shares registered for public trading, will increase 20% to 30%. That is a huge increase in supply. Moreover, the bond market, the best measure of risk, is pricing SpaceX bonds as junk. Unlike equity, bond investors are level headed and don't give a damn about technology hype. Only financials matter in the end. For a recent forecast of the impending implosion: https://finance.biggo.com/news/0e4c9f77-64fb-4bba-8193-43f26b36b74f.