Am I bullish or bearish?
Every time I try to be calm & rational about SpaceX, Elon Musk casually lands a rocket on a floating barge in the middle of the ocean like it is so easy and my bearish thoughts evaporate faster than my willpower at a dessert buffet.
SpaceX isn't just another IPO. SpaceX is the infrastructure for the next era of mankind - Space.
It is the company that made the impossible -routine.
It is the only business where bad quarter means the rocket landed off centre.
How to stay bearish on SpaceX whose roadmap includes:
Cheaper access to orbit
Global internet
Lunar missions
Mars.
Here is the truth: Every IPO has risks & SpaceX price tag is not cheap.
But SpaceX is a company that I invest in with both conviction & maybe a little adrenaline.
May SpaceX blast off to space & beyond ๐๐
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