I have found the key to happiness is gratitude. The thankful are by nature humbled by the grace of others and cognizant of the miracles that surround us every single day.
Tom Lee says buying the SpaceX IPO $SPCX is a good idea and that it won’t mark the top of the market.
I disagree.
Elon is the GOAT and SpaceX will become one of the greatest companies in the world.
But a $1.75T valuation on $18B of revenue is pure FOMO.
Highly anticipated IPOs almost always spike hard on day one and then cool off.
In 90% of cases, they eventually trade well below their initial entry price.
SpaceX won’t be any different.
I love the company.
I wouldn’t touch it at these prices.
Wait for the pullback.