SpaceX Stock Forecast

[anuragt]

7 Billion revenue and value of 1.7 Trillion market cap. On other hand AMD revenue 11.5 Billion and value of market cap just over 750 Billion.

I mean the market makes absolute sense.

Short sellers get ready.

Atleast AMD is making money. SpaceX is loosing money. But still some will argue that it is a space company and AMD is a chip company

[llg2]

Can anybody explain then why they are spiking since the last 2 days?

[joycer]

Can anybody explain then why they are spiking since the last 2 days?

That's because short sellers are closing positions by buying.

[berlin_times]

Stock Market Today, Aug. 5: SpaceX Beats Revenue but Faces Capital Spending Pressure

https://www.fool.com/coverage/stock-mark...-pressure/

The expense leash is coming soon.

[waylarge]

I don't understand why people keep referring Kathie Woods. No matter what stock she touched in the past has gone into sewage. She bought into eVTOL a year ago and since then it has fallen more than 58%.

[anuragt]

Can anybody explain then why they are spiking since the last 2 days?

Some people just buy and hold.

And also many just don't sell because then can.