No. of Recommendations: 10
So SpaceX's market cap has gone up the same amount in two days (a little over a trillion dollars in each case) as Berkshire's entire market cap, despite having started from a nosebleed level. Good for them.
I'd love to buy SPCX, because it looks like easy money, right?
But it reminds me of my GameStop experience. I owned a little bit before it became a meme stock. I sold it on the way up, but of course nowhere near the all time top tick.
And that's the thing with SPCX. Sure, I can buy some today, but how will I know when to get out? I certainly won't get out at the top tick.
And really, how many times can it tack on another trillion dollars in market cap.
So, unfortunately, too hard pile.