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According to the latest update, $SPCX ’s obsessive fan, Cathie Wood, is currently sitting on an unrealized loss of $70 million.
Cathie Wood’s current holdings are 3,291,184 shares, with an average buy price of $135, and a current price of $111 per share; the unrealized loss is $17.6 per share.
As of 15 hours after the latest rocket launch, the stock price continues to fall with no sign of a rebound.
From 2018 to 2019, many institutions thought Tesla would go bankrupt, and Cathie Wood firmly kept buying. Later, Tesla rose by more than a dozen times—this time, SPCX is massive in scale, and it keeps being accumulated. Is that a bullish bet, or mindless buying?
The first phase of unlocking is about to come—are you ready for the market to see a surge in volume? Are you ready for SPCX to drop below two digits? #spacex