How to play the SpaceX IPO ($SPCX)? Elon wants to merge Tesla and SpaceX. If Tesla is valued at a similar premium to the Twitter acquisition (38%), the near-term floor for the stock is ~$570 per share. However, as Elon has said, Tesla will be worth more than Saudi Aramco and Apple combined if it executes well over the next two years. For this reason, I expect Tesla to be valued at $5+ trillion in a merger, or $1,315 per share.
I share @elonmusk's belief that "Tesla has the potential to be #1 (by market cap) by a large margin" and "I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined." For this reason, I will vote against merging $TSLA with SpaceX unless Tesla is being valued at $5+ Trillion in the merger. $SPCX
I share @elonmusk's belief that "Tesla has the potential to be #1 (by market cap) by a large margin" and "I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined." For this reason, I will vote against merging $TSLA with SpaceX unless Tesla is being valued at $5+ Trillion in the merger. $SPCX
Substantial capital is sidelined or on the short side due to Michael Burry and Andrew Sorkin's media tour on the "AI Bubble." Capital allocators should listen to creators like Elon Musk and Jensen Huang, not eternal pessimists like Burry and Sorkin. ☕️
Over the next few years, AI tools will enable grass root efforts to cut waste fraud and abuse. This will return tremendous wealth to tax payers. NYC has so much potential.
The progression of Envy:
“The beginning is that a man strives to lower another’s reputation, and this either secretly, and then we have ‘tale-bearing,’ or openly, and then we have ‘detraction.’ The middle consists in the fact that when a man aims at defaming another, he is either able to do so, and then we have ‘joy at another’s misfortune,’ or he is unable, and then we have ‘grief at another’s prosperity.’ The term is hatred itself…”
Thomas Aquinas, Summa Theologica, II-II, q. 36, a. 4, ad 3.
The risen Lord restored love and banished his fear. So Peter, who before had denied Christ because he was afraid to die, now, after our Lord has arisen, feared nothing. Why should he be afraid, since he now realized that death had died?