SpaceX

SpaceX back at its 135 IPO price and honestly this is the level i wanted. thin float means it rips on any good Starship news. picked up a starter here, if it flushes to 120 i add more 🚀

while everyone stares at SpaceX, Rocket Lab quietly nailed a full duration hot fire on the Neutron Archimedes engine. first flight targeted year end, stock up like 97% over the past year. small cap space done right imo

everyone who FOMO'd SpaceX at 200 is now down 30% and the Starship flight got scrubbed before it even left the pad. that 4% float that pumped it makes the fall just as vicious. staying out until it actually flies, not paying for pure hype 😮‍💨

SpaceX has placed its first orders for Nvidia GB300-based AI servers to Taiwan’s Foxconn, amid plans by Elon Musk’s company to buy 13,000 of them in all, worth an estimated US$52 billion, ($4M each), media report, citing unnamed industry sources. It’s the first time SpaceX has turned to Foxconn for production. Foxconn provides server assembly services to nearly all major US hyperscalers. $SpaceX(SPCX.US) $NVIDIA(NVDA.US) $Amazon(AMZN.US) $Alphabet(GOOGL.US) $Microsoft(MSFT.US) $Meta Platforms(META.US) #Foxconn

Source: Dan Nystedt

$SpaceX(SPCX.US) SpaceX might reach numbers beyond our imagination in 5, 10, or even 20 years, but right now it has no revenue and is overvalued. It would be a great time to buy when it drops below $1 trillion. I'm waiting for the opportunity. I believe in the power of SpaceX's dream, and I'm willing to buy at a reasonable or relatively high price, but not now. People need some ideals to develop so brilliantly.

I'm still in a daze. I bet on this entry. My FOMO had been suppressed for a long time, and now the drop has cured my FOMO, but it gave me panic disorder.

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $SPC Spacex In Talks To Provide Pentagon Billions Of Dollars Of Ai Cloud-computing Capacity, Sources Say - WSJ

Don’t say I didn’t warn you.

SpaceX just did what i've been waiting to see: first ever CLOSE below the $135 IPO price, finishing at 131 after scrubbing a Starship test when engines failed to start. it's now down 34% from its high and dropped to ~124 after hours. the inclusion hype is fully gone and the lockup still looms. i traded around $Invesco QQQ Trust (QQQ.US)$ into the event, stayed out of the stock, and i'm still not touching it until it bases well below here.

I foresaw the market would decline, but I didn't expect it to happen in July. It came so quickly, and the front-running behavior was so severe. Never try to outsmart the market; just be like Forrest Gump. If you've bought in, just hold on; it will definitely come back. If you can't hold a stock, you shouldn't hold it for even a minute.

Based on @Fattycat for this news, the borrowers are the most challenged. Though invest in AI will help, too much of it will hurt companies and the people.

Markets at new highs with leaders getting sold is a classic late-cycle signal. If enterprises pause AI spend because ROI isn’t there yet, memory orders get cut first. Cooler inflation also means less urgency for risk. This -9% could be the first crack before a deeper semi correction.

Tech is having a great discount. So many goodies on sale. It’s amazing how sentiments are. Who dares wins. Do you dare?

The buying opportunity everyone is waiting for is here at last. Selling off because ‘spending more to meet demand’. Isn’t demand a good thing? The market is quite short sighted some times but then again narratives are just constructed to explain markets which actually do its own things.