1️⃣ Why am I making this trade now?
Decided to invest just a little bit into SPCX. Although kinda late into the game, I do believe in its growth adjusted basis valuation because of its sheer dominance in rocket space launches and the massive revenue from Starlink. So just nibble abit and keep it a low % in my portfolio for now.
2️⃣ Whats my plan from here?
High risk high reward. SPCX is probably already priced in because of its trading at over 100 times sales and still net losses. I will probably DCA in slowly if it falls by a big gap. And hold it long term awaiting its future growth. Never go against Elon. Go Elon go!!
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- CINDYTAN·10-07[Happy]LikeReport