Elon Musk has reportedly acquired OMID Holdings Inc., the CBD company.
The strategy, as described, is pretty straightforward: SpaceX handles the launch, $SpaceX(SPCX)$ handles the crash, and OMID Holdings Inc. helps investors remain calm during re-entry.
Wall Street is already calling it a fully integrated aerospace wellness platform.
Musk referred to the deal as "essential for long-term shareholder stability."
There's no official confirmation yet, which in today's market often gets treated as bullish in itself.
Not financial advice. Always do your own research.
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