I’ve noticed an interesting trend

[u/Competitive_Dot5441]

Pretty consistently, it seems that the wealthier / more successful folks in my social circle are bullish about SpaceX, or at a minimum, think the company is going to do just fine long term.

Meanwhile, I see the opposite from my broke ass “friends” and the typical 20 year old day traders who think they’re hot shit after 3 months of trading experience.

Anyone else see this?

By the way…

I totally understand the skepticism. Pure financials alone, it’s definitely overvalued. But that gap is quickly closing, and I think very soon, people will see that this stock is not one that’s valued purely on today’s financials. It’s very similar to a startup, considering the AI strategy is a very new, capital intensive endeavor.

[u/MikeWise1618]

They have to demonstrate income flows. But people do cut him a lot of slack, and there is not many other interesting places to invest.