While it could very well go to the moon because “Musk”, on paper it’s not a great investment in the traditional sense. They don’t make nearly the revenue and lack of profit to justify the price.
If I qualified and I was just flush with extra cash sure I’d throw $5000 in there just to see what happens but if I’m working OT to pay the bills or I’m 50+ and gotta reallocate retirement I’d stay away.
Everyone is hoping for it to mimic TESLA but even TESLA’s stock price has never made sense. It’s all “speculative”.
Definitely a gamble but who knows which way it will go.
Yep, Tesla valuation is more than all the other car companies worldwide combined.
SpaceX at IPO price valuation will be more than the entire U.S. aerospace industry(Boeing, Raytheon, Lockheed, etc.) combined.
