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r/wallstreetbets
SPCX $2.3T EOD gray market valuation
Investor summaryNeutral
The post notes that the gray market valuation for SPCX has reached a massive $2.3 trillion at the end of the day.
Bull points
- Gray market hitting $2.3T shows massive speculative demand and FOMO for SpaceX exposure.
- Indicates strong underlying belief in the company's future growth and market dominance.
Bear points
- A $2.3T valuation is completely detached from current fundamentals and realistic revenue multiples.
- Such extreme gray market pricing suggests a massive speculative bubble ready to burst.
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