Been about three weeks since I wrote about the S-1 and no real changes on my views around SpaceX itself.
But the market context since then has changed... the market hit momentum and AI-linked stocks, lots of equity supply/coming IPO announcements, etc.
I'm definitely going to start calling markets/econ charts that look like this a Cabo Verde formation
Just be careful with the latest BofA FMS because the survey period ended last week and events since then mean it's probably stale
You can take Cucurella out of Chelsea, but apparently he's somehow going to keep finding himself in very Chelsea-esque situations
Grim take, but the market for viager apartment deals is about to explode over the coming decades
www.bloomberg.com/news/article...
like there's a moment where Stuart says he skipped Wilshire and took Beverly over to Santa Monica and that's how he got home so early and I'm like "yeah that might work"
I've looked into it, I'm just way too risk averse given the number of ways that a viager purchase could go wrong
Yesterday, the day before the $SPCX IPO, I sold a bunch of my recent winners as a source of funds
(to pay down my 6.65% mortgage)