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SpaceX Stock Crashes $1T & AI Trade Reverses!
Description
John Johnston (JJ) breaks down how SpaceX stock lost around $1 trillion in market value from its initial peak, and short sellers are increasingly betting against SpaceX, just weeks after its massive IPO. Also, we look at how this relates to US semiconductor stocks falling at the same time, and in turn how this relates to the huge volatility in the South Korean KOSPI Index over the past year, and its recent fall into bear market territory.
Related episodes:
SpaceX Stock is Crashing & Tesla Investors Want Answers https://open.spotify.com/episode/2Jey6dAGdZeZNXvAk6DGj7
Aswath Damodaran: “SpaceX Looks AWFUL As An Investment” https://open.spotify.com/episode/5lheHMH1AuJ1YVYB3i3F8G
Referenced video:
The World’s Best Stock Market Is Also Crashing! | Patrick Boyle On Finance https://open.spotify.com/episode/1NyAd8NTavmMG1LmlLWMIC
Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for general education and entertainment purposes only. Do your own analysis and seek professional financial advice before making any investment decision.