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> So my trade on IPO day will be long $X SpaceX, short $X Tesla. Wait 1 month. Wish me luck. Risky, IMO. I've been closing my TSLA shorts because I think he'll
by jjav 5mo ago
> So my trade on IPO day will be long $X SpaceX, short $X Tesla. Wait 1 month. Wish me luck.
Risky, IMO. I've been closing my TSLA shorts because I think he'll just use spacex stock to buy tsla at a very overvalued price, just to wipe out all the shorts.
- henry2023 5mo agoFair, but Tesla is valued at 1.6T while SpaceX is going to start at 1.75T. If SpaceX ever has the ability to buy Tesla in an all Stock deal at a high Tesla price then SpaceX would need to expand faster than Tesla which is precisely my trade.