I think we will see $SPCX well under $50 by the time this merger gets finalized. My best guess is $30. It may be the single most overvalued company on earth (not space). It’s a huge albatross around the neck of $TSLA. I would seriously consider buying more $TSLA shares here if it weren’t for my fear it will get taken down by the modern day titanic known as SpaceX.
$NVDA is the most undervalued megacap company in the world bar none and as I have said countless times there isn’t a close number 2. If it were even close to fair value trading any where near its historic PE levels forward or back it would be worth a minimum of 10 trillion today. However factoring its performance in relation to its peers it really deserves a much higher multiple than its median 5 year of 65-70x. If it traded like Tesla for example it would need to 10x from here just to be fairly valued and would already be over $2000 per share. If it traded like grossly overvalued competitor for example AMD it would be over $1200 per share.