Glad I snagged those 15 SPCX shares at IPO price.
I’m not sure a lot of investors are really grasping how big of a moat SPCX has right now. There is nobody in the US who is even remotely close to the capabilities as SPCX, including NASA. China may or may not have some capability, but it is doubtful they are even close. So, I expect China will have to up their espionage game and steal more.
So honestly, I understand SPCX is spending a lot right now and not yet turning the income wheel commensurately at the moment, but it is hard for me to not see SPCX hitting near $300 and then beyond.
The only downside I foresee is the off chance that a Democrat administration follows Trump (heaven forbid) but a Democrat administration will surely try to take a wrecking ball to SPCX and TSLA.
Glad I snagged those 15 SPCX shares at IPO price.
I have 13 shares with a cost basis of about $132 per. Very satisfied.
I bought at $113. Wish I had bought more.