Should I take losses or hold for long run?

Investor summaryNeutral

Investor down 15% on SpaceX struggles to explain its business model, questioning whether to hold or sell.

Bear points

Investor is down 15% and losing confidence in the position.
The business model is overly complex and difficult to justify to outsiders.

SPCX

Post body

I’m in 10k and down to 8.5k now. My parents asked me how SpaceX actually makes money after the stock dipped a little and I honestly had a hard time explaining it\~\~

Like I know they launch rockets and satellites and stuff, but then I started talking about Starlink, government contracts, reusable rockets, Mars, internet from space, and somehow I sounded less convincing the longer I talked. Help guys.

Discussion · top comments

No comment snapshot fetched for this post yet.

View original post & all comments on Reddit ↗