@SwayMoney9@SpaceX 100% - that's exactly what I told my friend this morning. They need to justify the $2T ipo knowing very well their revenue doesn't justify it. Retail will FOMO bc "it's Elon", & then institutions will rug & rotate back.
Anothropics ipo on the other hand has revenue to back it.
Financial Analysts have been asking where all the liquidity will come from for $SPCX ....after this week's market drawdown, we now know where 🙄 - Retail who chased parabolic traps
The markets, $SPY and $QQQ, are still bullish, but we're in an area that makes sense for a healthy pullback.
I'll be buying $AMZN and many others on the next dip!
IBM $IBM AND GOOGLE CLOUD $GOOGL JUST LAUNCHED A NEW AI PARTNERSHIP
IBM is standing up a dedicated Google Cloud Practice, bringing thousands of Google Cloud-certified IBM consultants to help enterprises scale AI and modernize core systems
IBM $IBM AND GOOGLE CLOUD $GOOGL JUST LAUNCHED A NEW AI PARTNERSHIP
IBM is standing up a dedicated Google Cloud Practice, bringing thousands of Google Cloud-certified IBM consultants to help enterprises scale AI and modernize core systems