@cb_doge Yeah I don't believe this. Robots will be in the hand of companies that are in the hand of people and this people won't share their giant fortune with the poor people that don't work. Just look at how we take care of poor people nowadays. Just look at how this man shares..
@Jan_Suisse@Vivek4real_ Spot ETFs are legally required to buy actual BTC for every share issued. Unlike your "paper gold," Bitcoin lives on a blockchain: anyone can verify BlackRock’s holdings in exactly three clicks.
$CCCX $IONQ $RGTI $OKLO $HOND
$HOND Detailed due diligence and why I believe it's a 7X (700%) multibagger opportunity here
A lot of people are invested in these companies and they're right. I recently entered $CCCX with roughly 80K of my money and it's been a good investment and I believe it will continue to go up because it has to close the valuation gap with the other quantum companies. Now, calculating the implied market cap of the company that merge with the SPAC isn't really easy and it takes a lot of time because we have to account for the pro forma ownership (SPAC shareholders %, company that merge with the SPAC %, PIPE%, Sponsor shares %, Equity from Convertible Debt, ecc) and the redemption rates during the De-SPAC process.
You can't just take the $CCCX market cap right now and say Infleqtion implied market cap is that because it's not. And it's also not the pre-money valuation. To value a SPAC you need to do a lot of DD and many people are either too lazy or just don't know how to do these calculations. In another post I did the calculation for $CCCX and how much the share price has to rise to match the current market cap of $RGTI to close the valuation gap.
Now, let me talk about another SPAC that will have to rise to close the valuation gap with $OKLO. As you all know $OKLO is an advanced nuclear energy/clean tech startup with the goal to design and deploy next generation fission reactors (small modular) that are safer, more compact, and more efficient than traditional large nuclear plants.
The current market cap is $26.5 billion.
Terrestrial Energy is a company that’s developing Generation IV nuclear reactor technology, specifically a molten salt reactor design.
Their flagship design is called the Integral Molten Salt Reactor (IMSR).
The IMSR is a small modular reactor (SMR) that uses molten salt as both the fuel medium (in liquid form) and coolant.
They're about to go public through a SPAC named $HOND.
Now, without going into too much detail, the TAM for $HOND is $1.2 trillion globally. The TAM for $OKLO is $600-700 billion globally. So $HOND TAM is roughly double the $OKLO TAM.
But their market cap greatly differ because Terrestrial Energy hasn't benefited from the massive rally that nuclear stocks benefited from as it was still private.
So instead of being valued $25.6 billion, the pro forma market cap with the SPAC was just $1.3 billion!!
Now $HOND has a market cap of $675 million. Again, don't make the amateur mistake of taking the SPAC market cap as the implied market cap of Terrestrial Energy.
We have to account for the Pro Forma Ownership and do all the calculations (Terrestrial Rollover Equity: 71.2%, Public Shareholders of the SPAC: 17.7%, PIPE: 3.8%, Sponsor Shares: 4.4%, Equity from Convertible Debt: 2.9%).
We also have to account for redemptions but since $HOND stock price is now around $23.70, logic says there will be very few redemptions. But let's say it will be 20-25% to stay conservative.
Accounting for all that it gives us an implied market cap of Terrestrial Energy (at the current $HOND market cap) of $4.05 billion (let's say $4 billion).
So, even if we assume we should have the same market cap as $OKLO (despite having double the TAM), we should rise almost 7X from here to close the valuation gap and this doesn't even take into consideration further upside movements in $OKLO.
So $HOND now trades at around $23/share and will have to reach at least $150/share to close the valuation gap with $OKLO.
A 7x multibagger!!
And $HOND is a very under the radar stock, very few people are aware it even exists. In my opinion it's one of the very best asymmetric opportunities in the market right now.
Pretty incredible how most investors still don’t know that Terrestrial Energy aka $HOND will become $IMSR next week after the de-SPAC.
What’s even more incredible is how most investors still don’t know that $HOND trades at a 90%+ discount to $OKLO.
This is despite $HOND having a much faster-to-market nuclear reactor technology (Integral Molten Salt Reactor vs. $OKLO Fast Reactor). Fast Reactor much more unproven and harder to execute on with respect to governmental approvals and construction.