Jun. 19 at 8:04 AM
$NVDA $SPCX $TSLA $SPY This 30 bagger takeoff in Tesla starting in 2019. There were a lot of reasons for this, but a huge part of it had to do with the capital inflows following S&P 500 inclusion.
SpaceX started with an initial
$75 billion float. The price ran up some to about a
$100 billion float. Yesterday end of market was Russell inclusion and July 2nd is the Nasdaq 100. These two come to a bunch of billion in passive index regulatory buying. There are different estimates but maybe about
$30 billion.
All of that going on plus global retail FOMO buying into that
$100 billion float. Idk how much but the capital inflows could easily boost SpaceX to the first
$10 trillion market cap in time for earnings. That would be a 400% gain from the current share price.
If they can reach profitability over the next 12 months, that will meet criteria for the next tier of S&P 500 inclusion.
Valuation be dammed.
@QueenBeeT @aby1 @Crakerjac @staccani
