r/wallstreetbets
Musk-Economics (tsla < spcx)
Author predicts SPCX will spike at open then crash to $100-120, while speculating on an unlikely SPCX acquisition of TSLA.
- SPCX expected to pop hard at open due to Musk hype
- Could offer a wild, volatile trading ride similar to early Tesla
- Initial price of $135 is considered highly inflated
- Shorts expected to drive price down to $100-120 fair valuation
- Acquiring TSLA would hurt SPCX in the medium term
A new trillion dollar company (led by musk) to the market.
I would bet this thing pops off hard at open. Id bet easy +100 before it needs shorted to hell to a reasonable price and then find a stable place to climb.
$135 is already inflated price to begin with.
That is my prediction +$100 to open price and look for the shorts to drop it to real valuation my est\~$100-120 before all other factors like musk-enomics and such. Lol
But hold on to your hats because this will be the next tesla ride.
Then rumor mills of the legal nightmare of maybe spcx to aquire tsla. Which I doubt would happen unless its a 1 for 1 stock exchange. I dont see how it could unless! Unless, the price of space X stays above $270. Which would give plenty of capital to buy it out. Which i imagine may hurt spcx in the middle term.
I'm just looking to discuss and spit ball ideas with yall. I dont know shit and pure guessing here. But its fun!