and people like to use AI, but no one wants to pay for it. Nobody has any money for that nonsense. I don’t need to pay $50 a month so that I can make a movie of my friend singing with Mickey Mouse.
My plan is to sell my AMD stock and buy SpaceX. After it doubles or more I sell then buy OpenAI when I thought it was to have it’s IPO in late fall.
Now it looks like I will buy AMD again after I think SpaceX has run up the price. OpenAI is not making money right now except with deal making with other tech companies.
Any case I figure to at least double my money and more likely triple, quadruple etc. with SpaceX.
SpaceX is priced at $105 but I suspect will rapidly climb on opening day.
The SpaceX employees had been able to buy the stock earlier so they are happy to automatically have 5 times more shares before the public offering.
Besides launching rockets they also own Starlink which is internet everywhere plus cellphone.
They will in the future offer tv & movies & sports as they launch more satellites as they need more bandwidth for all of this.
Think cable tv but from space.
I guess a lot of shows about aliens.... 👽
SpaceX reportedly issues 5-for-1 stock split as IPO timeline accelerates
Elon Musk’s rocket company could also price its IPO as early as June 11, with shares trading on the Nasdaq on June 12.
https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html
Bloomberg reported over the weekend that SpaceX told its investors it will implement a 5-for-1 stock split, a move that would potentially reduce the price of the stock ahead of its IPO.
SpaceX informed shareholders that the current fair market value per share has been adjusted to about $105.32 from $526.59 as a result of the split