Reddit Posts
Options Questions Safe Haven periodic megathread | June 15 2026
Would love some honest feedback on my portfolio - heavy on tech, open to criticism
Would love some feedback on my stock portfolio - heavy on tech, open to criticism
SpaceX stock jumps 19% from $135 to $161 in record IPO debut, largest in market history
The most interesting SpaceX trade might not be SpaceX.
SPCX at 2.27 Trillion Market Cap - 6th highest and within 12% of AMZN
SPCX is going to tank whenever it goes live.
SPCX Will Blow Right Past the Moon and Into the Next Galaxy
SPCX Will Blow Right Past the Moon and Into the Next Galaxy
SPCX Will Blow Right Past the Moon and Into the Next Galaxy
New midweek expiration dates getting approved by regulators
The most interesting SpaceX trade might not be SpaceX.
I’m calling it—SPCX is gonna pump to $10T
Will this scenario happen? Hypothethical TSLA SPCX merger
Bought AMD 180 calls last week thinking earnings would rocket it, now staring at -45% and bagholding like a dumb ape
TSLA FSD Europe Dominoes Start Falling: Denmark Becomes 4th Country to Approve FSD Supervised
Everyone wants SpaceX. That’s the problem.
I watched this video on EV tech in China from Rich Rebuilds - TSLA is essentially vaporware
On days like this you gotta take the wins where you can find them. (TSLA puts YOLO for SpaceX deflation).
JP Morgan Upgrades from Sell>Neutral and Raises PT from $145>$475 1 Week From the SpaceX IPO
I don’t think 0DTE QQQ and TSLA puts were the way to go here
Spacex, OpenAI, and Anthropic IPOs are investment opportunities and don’t let anyone tell you otherwise
$GOOGL is the only MAG7 worth owning (and first to 10T market cap).
$GOOGL is the only MAG7 worth owning (and first to 10T market cap).
SpaceX IPO Might Make Virgin Galactic ($SPCE) The Hottest Meme Stock of Summer
If you could only hold one stock for the next ten years…no hedging, no diversification
LiDAR sensors is the next super cycle and you're going to buy the wrong stock
Posted GEX levels before open today 5/26 — 9 out of 9 held at king by close
The market can't crash until Michael Burry gives up on being bearish
Tuesday's 5/26 GEX levels before the open — last week 8/11 held at king
Options Questions Safe Haven periodic megathread | May 25 2026
The S&P 500 is trading at 31.8x earnings. What exactly is the bull case from here?
Why the app you’re using should be a stock you own ($RDDT)
Why the Stock Market Can Literally Never Go Down Again
Bear case on IQ tax meme stocks during SpaceX IPO.
Posted GEX levels before market open Friday— 8 out of 11 held at king by close
TSLA down today but $106M in bullish flow hit into close. Here is the trade I am watching.
Clenched my ass cheeks that TSLA would recover. Almost pissed my pants. After being down over $1000, I walked away with a little over $180
100% winrate today scalping SPY and TSLA, made $14k and it’s my birthday too 😝
Mapped the AI supply chain over the last 3 months, the bullish half stops at the chip layer
Mapped the AI supply chain over the last 3 months, the bullish half stops at the chip layer
Am I crazy or are on-chain options massively underrated?
SpaceX will crash the market and cause a lost decade or two
Built a free options flow scanner that explains what each sweep actually means, not just raw data
Bearish on US-China Talks (0 DTE Stock Parlay May 15th)
🚀 TSLA Musk-China Hype Week: Turned Blood into Bucks! 💰
Could the Trump–Xi China meeting move AAPL,NVDA and other companies stock more than people expect?
NVDA, Apple and who cares about TSLA, all about get back China market share.
Sharing today's trades: I closed out my positions with a profit of $300,000.
The current price target from JPMorgan for TSLA 😳👀
Retarded things happen to retarded people. Thanks $TSLA.
should Jr.Burry load up $TSLA puts ?
AMD 455 call options not assigned -- a bit puzzled.
I would rather have IONQ or BE than TSLA or BTC at this point
I built a safety-first AI options trader to make money without working
Lost half my port on NVDA calls in March, finally clawed my way back
What I learned from almost blowing up on a 0DTE options trade
What I learned from almost blowing up on a 0DTE options trade
UBER as an autonomous vehicles play (or "Physical AI Hype Cycle" play)
TSLA had 17 flow alerts and $890K in premium today. Lost money. INTC had 4. Made 13%.
Verified my portfolio app's math manually — $57.9K US portfolio, +25.7% — here's the full breakdown
Verified my portfolio app's math manually — $57.9K US portfolio, +25.7% — here's the full breakdown
Options Questions Safe Haven periodic megathread | May 4 2026
Is Alphabet (GOOGL) the strongest company in the world?
I only had one losing day this month, but my total profit still increased by $352,178. Thanks to the market and those who helped me, I want to share this joy.
Steve Madden shoes (SHOO) outperformed NVDA, PLTR, AMZN, MSFT and TSLA
My Magnificent 7 DCA Portfolio
Going Full regard 🥦 on TSLA. 🦾🦿Borrowed 300k+
Top AI Companies Agree to Pentagon Deals for Classified Work
Mentions
AMZN and TSLA both on some retardium today
| Rank | Company | Total Market Cap | TTM Price-to-Sales (P/S) Ratio | |---|---|---|---| | 1 | Nvidia (NVDA) | $5.13 Trillion | ~ 19.8x | | 2 | Alphabet / Google (GOOGL) | $4.52 Trillion | ~ 10.4x | | 3 | Apple (AAPL) | $4.35 Trillion | ~ 9.6x | | 4 | Microsoft (MSFT) | $2.96 Trillion | ~ 8.6x | | 5 | SpaceX (SPCX) | $2.50 Trillion | ~ 129.5x | | 6 | Taiwan Semiconductor (TSM) | $2.29 Trillion | ~ 9.5x | | 7 | Broadcom (AVGO) | $1.88 Trillion | ~ 14.5x | | 8 | Meta Platforms (META) | $1.52 Trillion | ~ 6.2x | | 9 | Tesla (TSLA) | $1.15 Trillion | ~ 14.8x | | 10 | Amazon (AMZN) | $1.08 Trillion | ~ 3.5x |
Look, if Elon launch a bunch more cars into space I think TSLA could manage to moon too.
What does TSLA have going for it? SpaceX at least is very cool, but TSLA hasn't done anything big in like 10 years. It has no real reason to have such an evaluation
Quick, rotate from SPCX into TSLA, and then rotate from TSLA to SPX in ten minutes. Continue doing this for eternity.
Let me guess, TSLA now rips when everything else dumps🙄
It’ll pass AMZN & MSFT imo, then Armageddon when the market tries to find fair value before lockup expires. Them and TSLA probably need to raise cash this year.
Just go TSLA. Get it over with.
TSLA is trash I can’t believe I bought 500 calls when it was at 450.
I hate to say it but we need a TSLA shrecker
Remember when Enron promised his faithful TSLA cult for years that they would get a special reward when SPCX ipo’s? And they got nothing LMFAO!!!!
Crazy how usually TSLA pumps 5% on days like these. SpaceX truly is the child elon wanted.
Wen SPCX and TSLA gonna merge in to one giant turd?
“Massive cup and handle on TSLA with a 765 target” wtf is Lee Yang smoking
TSLA just not moving today huh
TSLA weak af. No longer daddy's favorite.
TSLA only +0.72% on the day is hilarious
Elon abandoned TSLA long ago, hence why the stock has gone no where in half a decade…poor Elmo bag holders it’s ok they probably love losing money for their supreme leader
TSLA plz go down you POS
->states objectively true fact (TSLA overvalued on fundamentals) ->states that they have no idea how long it will take to properly value "Why not buy incredibly theta sensitive instrument?" I know I shouldn't expect better but come on.
At least some of TSLAs value was down to association with SpaceX, now they're separate TSLA is gonna drop like a rock
I’m pretty sure people who’ve been long holding on to TSLA have been pretty happy. Leave your personal biases out of it.
It does not make sense, the people kept saying same for TSLA , and it has gone up 25x and also gone down 80%, then gone up 25x again and gone down 80%, repeat, This is just a gamblers stock
You can either believe on TSLA or on SPCX... believing in both is stupid regarded
My opinion is they will merge, but he will actually merge SpaceX into Tesla: 1.) The regulatory environment is currently as friendly to Musk as it might ever be so he'd be a fool not to merge sooner than later (in my mind). 2.) Musk currently owns 42% of SpaceX's equity and controls 85% of its votes. If Tesla buys SpaceX using a stock swap, the sheer volume of new shares handed to Musk for his SpaceX equity would mathematically make him the undisputed majority owner of Tesla. This would finally end any institutional grumbling over his vision, financial compensation and whatever else bothers him. 3.) He gets his capital-intensive space and AI ventures heavily subsidized by passive index fund capital without having to prove profitability first. Disclosure: I have opened a small (to me) speculative position on both TSLA and SPCX due to my conviction on this outcome.
It could be the same... as 2022, when shares of TSLA dropped 69%, almost a meme in itself.
Hey if people wanna throw their money away, let them. Its not like TSLA didnt go through multiple splits because of how high it went in value. People shorting this because of tribalism is both sad and hilarious.
The post asks "how much future is too much" like there's a rational ceiling. Tesla proves there isn't... TSLA traded on robotaxis, FSD, the Semi, none of which showed up on time, and the stock didn't care because the narrative was the product. SpaceX is almost the opposite for a bear case, it's actually delivering, Starlink revenue is real, Falcon 9 owns launch. If the market 10x'd a company on stuff that didn't happen, it'll gladly pay up for one where it is. Future doesn't get priced on a belief, and overvalued only matters the day when it goes down, LMAO.
Can we get one of them TSLA retard pumps?
Some1 said TSLA is gonna hit $475 bc of this bullshit SPCX popping
xAI is a loser in the ai race. They’re renting lower quality compute capacity to others because they arent using it. They arent using it because they have low demand for xAI. They will not come close at all. With that being said, expect the stock to be irrational and can still pump regardless of revenue because the entities that want to make $ with Musk can pump this for a long time, like TSLA.
I was an early TSLA investor since 2018, Reddit always believed TSLA was doomed to go bankrupt. It skyrocketed. Bitcoin depends. I frequent the BTC subreddit but simply go by my own cycle timings which contradicts directly with the posts there which are always doomer or euphoria
They will merge so that Elon can run everything under one umbrella - that is the main driver and why it makes sense. That gets rid of all those questions and issues that keep arising when Elon is spending most of his time on one of his public company's and not the other. If they are all under one company, that goes away. But the challenge will be the unprecedented compensation plan approved by TLSA shareholders that could be worth up to **$1 trillion**. If they merge, what happens to that compensation package - they'll have to create a new one that factors in everything that the new company is doing and not just TSLA.
This sub hates TSLA these days. SPCX must be their worst nightmare 🤣
You can find them in my profile. Extremely profitable. Examples are TSLA long, TSLA short, BTC long, BTC short, ETH long, TQQQ
TSLA goin back to 380 would be sick
Can TSLA do a retard pump to 439 today. That would be great
TSLA shareholders will be sacrificed to the new god (SPCX)
Damn, SPCX really is sucking all the wind out of TSLA. Wonder when the merger is gonna happens.
It’s obviously overpriced using fundamentals, but at the same time the market doesn’t seem to care much about fundamentals. And if anyone seriously thinks it won’t be higher than it is now in the next 5-10 years, idrk what to say. It seems obvious to me that it’ll grow, but there are a lot of people who legitimately think it’s a “meme stock.” I get hating Elon, but did yall learn nothing from TSLA? That all said, I didn’t buy any. I think there will likely be a correction at some point later in the year (likely around Anthropic/OpenAI’s ipos), but I doubt it drops that much. And if you’re holding it for the long term, short term volatility doesn’t matter. I probably would’ve gotten a few if I could’ve at ipo, but I’m not chasing the post ipo hype (And as I was typing this, a trigger alert hit at market open that it cross $170 lol so take that as you will)
X/Twitter and xAI are failures and got rolled into SPCX. TSLA I wouldn't call it a failure, but it will be very far from the company many hoped it would be. Revenue for 2024/25/26 is essentially flat. Compare that to other true tech megacaps who are growing top line at 15-200%. 20m cars sold per year by 2030? Giggle. It's doing 1.6-1.7m year at no meaningful growth. Story changed from EV to energy to robotaxi to robots. But each of those sectors already has strong competitors and most will likely be commodity markets. So I think you'll see TSLA's "failure" aslo be rolled into SPCX.
if i had the power to send any stock/crypto to 0 instantly, the correct answer is probably bitcoin just because that would be hilarious but sending TSLA/SPCX to 0 would be soooo satisfying.
TSLA because Elon needs your help
OP should try that with SPCX and TSLA. its a winner
Not sure what your point here is, dumb fuck. TSLA clearly has positive EPS. Do you think these companies are doing all this capex for fun? The point of investments is making a return.
No question, TSLA is mostly just a marketing phenomenon
You could say the same about TSLA and a host of other companies ripping. Enthusiasm matters most in the market.
SpaceX gonna merge with Tesla, TSLA shares will be converted to SPCX & pump till $300 with regard strength
"Does anyone here think that this is like a bubble waiting to pop?" Yes, a large % of this subreddit. The problem becomes it's been that way for years now - to the point where if the majority of this sub started to love the market I'd be concerned and start selling. You've had two pullbacks in 15 months and at the exact bottom of the larger of the two (April 2025), this sub was apocalyptic in terms of sentiment. Both times, this sub doomposted through the decline and all the way up the rebound. If someone is selectively bearish and re-assesses when it doesn't go that way within a reasonable time period, great. If someone is bearish and never re-assesses, that's an issue. "TSLA is insanely overvalued too. " And people have argued that for many, many years. The last two years have seen a decline in deliveries and yet the stock is up over the last year. Navigate the market that is, not the one you think it should be or want it to be. Too many people think they know better than the market and get caught up in being contrarian. Look up the example of John Hussman, who has been bearish since 2009. There's the phrase "don't fight the fed", but when there's an energy crisis in March and it's very clear that dips are being bought and the market ramps on any headline, people keep wanting to stand in the way of a wall of money that wants to enter the market. Whether one thinks that's right or not doesn't matter. Eventually it will stop/slow/etc but nobody here knows when that is. Lastly, we've had what, 4 years of above goal inflation now? The cost of living has gone up significantly and people have run to assets yet people on here seem to constantly want to sell everything and run to cash. There seems to be either "all in on the popular stocks" or "all in cash" - nobody seems to want to look for all the other playbooks and options out there - there's plenty of out of favor stocks but nobody who is concerned about the market seems to want to go that route.
Share prices in some sectors are not at all time high at all, software had a 20-40% pullback for many stocks. NVDAs revenue is also not 130 billion, that's around their net profit for 2025. TSLA has been overvalued on hopes and dreams for years, what makes you think that will change in the short term? I think AI will experience a pullback at some point but now that the buildout is in effect some companies are just printing money. As long as capex is high there will be some companies benefitting from that, I just wouldn't invest in the ones actually spending the money.
These Musk stocks seem to have some irrational after-hours action.Tesla (TSLA) is one of the stocks that most frequently shows large and sometimes puzzling after-hours and pre-market moves.
I have never bought TSLA or wanted it. Even Elon consistently said the stock was too expensive. You can look it up. Rockets are a completely different industry with fewer players. Just now, Blue Origin managed to land their rocket on a floater, 10 years after SpaceX first did it. Then a few weeks they had an issue so the FAA grounded it, they got cleared and then it blew up. Rockets are hard. What EU company or other company competes? Except for China, noone has a good shot.
> why stock is stalling next 5 years as it has recently been with Tesla despite company doing better than 5 years ago. Tesla now has real competition and he has hurt the brand's value. That said, if you are seriously arguing that the stock performance has been bad, I don't know what to tell you. Are you looking at the extreme top of 2021 that lasted days and drawing all comparisons from that? I remember back in 2016, Tesla was considered comically expensive by reddit and the masses then beyond fundamentals, at prices 4% from now. Even last 5 years, TSLA outperformed S&P500 79% vs 76%.
Why the hell is this being downvoted? It is clear from the market response to SPCX listing and TSLA success that markets values vision, unrelenting focus and eventual delivery!
He'll just repeat that TSLA and SPCX are going to merge and everyone will go crazy, and then nothing will happen
will be another trading day where QQQ close up around 3% and MSFT down 3% and TSLA up 5%, I know it ...
Wall Street valuations work great when Boomer Inc. does the same thing decade after decade with cost savings and synergies thrown in every few years. To understand $SPCX you should first be familiar with $TSLA. But that is a lot of work. Are you familiar with $AMZN? Do you know that 1/2 of $AMZN’s valuation is due to AWS? AWS or the Cloud radically changed IT not long ago. Look at the valuation of VMWare before it was swallowed up. Virtual Servers and the Cloud made things we do today impossible just 25 years ago. $SPCX isn’t “The Cloud”. It’s “THE CONSTELLATION”. In less than 10 years, from anywhere in the world, you will put on something that looks like a pair of glasses and be able to play in a ultra realistic FPS because $SPCX wireless internet will be ubiquitous and $SPCX “Constellation” servers will be able to render life-like gaming instantaneously. And here’s the thing. My little story above isn’t even the purpose of $SPCX, it’s merely a consequence of the technology. Musk wants to build a lot of things in space and he’s going to need raw materials. Mark my words, if it hasn’t already been calculated that is, but Musk will realize it’s more cost effective to mine asteroids than launch raw materials into orbit. Have you looked at the price of “rare earth” minerals? It just goes on and on. So for those who are forecasting $SPCX’s PE based on Starlink and some NASA contracts- you are looking at 2 trees and missing the entire forest.
I suspect SpaceX stock is like crypto or TSLA. It will grow for a few years, then we'll see a new Beanie Baby investment.
**How concerned should I be about the NVDA concentration at this level?** Not knowing your goals or financial situation, impossible to say. **Would you trim or rebalance, or stay the course given the AI tailwinds?** Oh, I would absolutely rebalance. But I'm some random guy on the internet, the likelihood that our goals and financial situation line up are pretty small. **Anything obviously missing or redundant in this mix?** SMPO already has NVDA, TSLA, AMZN, GOOG, AVGO...in fact these 5 stocks probably make up 90% of your "portfolio." **I’m a long term investor (10+ years horizon), not looking to day trade. I would really appreciate any honest feedback.** My honest feedback is that I can't figure out what you're trying to do with these picks. It feels like vibe investing.
> What does Musk actually do at TSLA or SPCX? > > Serious question. He is the flim-flam guy; the stock is the actual product.
I am not a professional trader, but I played TSLA for a long time. Won some, lost some on that stock. If the IPO evaluation was about $500 billions, I would have went in with everything I had for a momentum upswing or even a long term play based on how TSLA turned out. However, it started out too high really turned me off. This may turn out to be a 10x bagger, but at of right now IMHO it is way over target.
As a Tesla investor, I am glad that TSLA has already 10x even when it has not achieved what it planned and gained me millions. Cannot believe how much high TSLA could go, if it achieve what it promised. Diamond hand on TSLA!
Remember when Elon got flak for smoking weed on a talk show and TSLA dumped like 30%? Now he's snorting lines of K off the first lady's tits while throwing nazi salutes lmao Calls on everything. World is fuk
So what you are saying is he’s following the TSLA model at SPCX, shift things around until it seems legit (when enough bag holders board the train)
Lol @ whoever is going to buy puts on SPCX. They know people wanna short it. It’s the next TSLA. It’s going to pump irrationally but slowly
We have no idea if this is the case. I look at TSLA's financials and the valuation makes no sense. It's cost me a lot of money trying to apply logic to an illogical situation.
So what’s a good robotics stock not named TSLA?
How long have you said that about TSLA? Probably 6 years +
He was recently forced to show up to TSLA (I assume he spent the time jerking off high in his office). He doesn’t dooooo anything. He just tells his botnet to summon the virgins and old white guys to pump his wallet so he can buy more drugs of course
What does Musk actually do at TSLA or SPCX? Serious question.
Little reminder that it took 10 years and 10 public offerings for TSLA to become profitable. SPCX will probably follow this path
You're saying TSLA trillion dollar valuation is because of retail investors?
who cares if you can generate money in next few years. It's already at fair value but I am thinking to buy just because it can very well become a cult stock like TSLA.
Never did I say that people can't make money buying his stocks. I am saying that his stocks are massively inflated due to people like you that do nothing but glaze him like he is personally doing the things he claims because of the things he promises. Look at TSLA, market cap of 1.5T off of only 97B in revenue and 3.8B in net income. Compared to Toyotas market cap of 270B off of 334B in revenue and 25B in net income. Tesla has had 20 years to prove itself at this point and it's done decently, but not as well as many would have expected based on what was promised. It's only worth what it is because the market is divorced from reality.
TSLA will start to drop to more normal levels now thst the Musk hype has moved to Space X. Same thing happened to PayPal.
Yeah but people have been waiting for TSLA to pop for a long time too. It hasn’t.
"Trust me bro TSLA will crash"
I wish I still had my TSLA from 2019....I have my AAPL still.
You’ve just described the entire stock market, not just TSLA
You’re underestimating the power of cope that Elon holds. I hate the guy, but TSLA somehow just stays on top. There’s no reason for it, but I don’t foresee this going underwater any time soon.
I believe TSLA is an overvalued POS. Would I short it? No
TSLA is not just an overvalued car company. It’s one of the market’s biggest retail casinos. It may look like pure irrationality, but it is not. TSLA’s price often seems to move toward the zone where the biggest overall losses are waiting. Call it max pain. Call it options hedging. Call it market maker games. Whatever the name, the result is the same: traders get pulled in, shaken out, and forced to close at a loss. That’s why TSLA can keep an insane P/E for so long. As long as people keep gambling on it every day, fundamentals can stay in the back seat. TSLA probably only comes back to earth when traders get bored and stock/options volume finally dries up. That’s why the wild narratives need to continue, and why a merger with SPCX could be so valuable. It would give TSLA a never-ending pipeline of story fuel, so the casino never gets boring. Just remember: in a packed casino, the house has the edge, valuation irrationality can remain longer than you can remain solvent, and the casino only breaks when the crowd finally leaves. So never bet against a packed casino. Not financial advice!
I don’t disagree with you. I personally am not buying SPCX and I don’t own TSLA. I’m just saying I understand why people do. The guy obviously does not hit on even a fraction on what he says he will, but the realm he is playing in now, a breakthrough is game hanging for the entire human race at a level that has never even been attempted before. Elon is a dreamer, and his dreams are huge. People want to be part of that, and this isn’t going to change any time soon.
TSLA 1yr 24.51% 5yr 99.92% VOO 1yr 23.35% 5yr 74.82% bite me
The other explanation is that TSLA is not just an overvalued car company. It’s one of the market’s biggest retail casinos. It looks like pure irrationality, but TSLA’s price often seems to walk toward the zone where the biggest overall losses are waiting. Call it max pain. Call it options hedging. Call it market maker games. Whatever the name, the result is the same: traders get pulled in, shaken out, and forced to close at a loss. That’s why TSLA can keep an insane P/E for so long. As long as people keep gambling on it every day, fundamentals can stay in the back seat. TSLA probably only comes back to earth when traders get bored and stock/options volume finally dries up. That’s why the wild narratives need to continue, and why a merger with SPCX could be so valuable. It would give TSLA a never-ending pipeline of story fuel, so the casino never gets boring. Just remember: in a packed casino, the house has the edge, irrationality can remain longer than you can remain solvent, and the casino only breaks when the crowd finally leaves. So never bet against a packed casino. Not financial advice!
The problem is that in the short term they do act that way. In the long run a profitable company is virtually guaranteed to have a positive return though. I just wish the opposite always held true for garbage like TSLA and SpaceX.
Uh musk fan club wants more shares, they don’t understand market cap or P&E look at TSLA….
Anyone who tries to use any sort of rational analysis on this stock is a fucking idiot. This will absolutely be TSLA 2.0 and it will make everyone who gets in now a lot richer within 5 years. Fucking your traditional investing, get tendies bitch.
Thought experiment: If Musk were to die tomorrow what would happen to the price of SPCX and TSLA?
You could have said the same thing about Tesla stock for the last 10-15 years. I mean, I’m not buying SPCX or TSLA, but as long as Elon keeps pushing the boundaries of technology, I wouldn’t bet against him.
Why shouldn't I buy TSLA for the eventual merger
The math hasn't mathed on TSLA for a long time. But in fairness, the math didn't math on AMZN for a long time either. They were losing money every year until their IPO, and then their losses *exploded* in the five years *after* their IPO. Their P/E was effectively infinite. Once they had a non-infinite P/E it kept going up into multiple hundreds. And they even dipped back into full unprofitability some years. Nonetheless... AMZN has done very well as both a stock and a company. The point is: people who are investing believe -- rightly or wrongly -- that SpaceX will be bigger in 10 years than they are today. They don't care what the math says now. They are banking on something softer that doesn't reflect in the math: they believe SpaceX is in a uniquely powerful market position on a huge market with a huge moat. I didn't invest in SpaceX myself, but I strongly considered it. I would not rule out investing in the future.
I bought SpaceX in a private placement at $9 per share and a lot of TSLA in 2013. I'm waiting for FSD to launch and might wait for the eventual merger. I have ridden TSLA to 480 and down to 130 and back up. My ASP is $12. My SpaceX shares are now locked for 180 days. It doesn't really bother me because I have no debt and other investments. I can stomach the extreme volatility, and there has been a LOT over the years.