Episode Details

SpaceX went from roughly $224 to around $131 in just two months. So after a collapse that dramatic, is the stock becoming an opportunity—or is it still too expensive? On this short clip from Hatfield Economics, host Todd M. Schoenberger puts that question to Jay Hatfield, CEO of Infrastructure Capital Management and CIO of the ICAP ETFs, including the newly launched QVOL. Hatfield's answer comes down to one principle: “Valuation matters.” Hatfield explains how his team built a discounted cash flow (DCF) analysis for SpaceX and arrived at a valuation of approximately $100 per share. Unlike highly speculative businesses whose future profitability can be extremely difficult to forecast, Hatfield argues SpaceX has real revenue, profitable space-launch operations, a powerful satellite business and other proprietary operations that provide investors with something tangible to value. That doesn't mean he would chase it. Hatfield says investors didn't want to own SpaceX around $200 based on his team's valuation work, but argues that when the stock approaches $100, the risk/reward becomes considerably more interesting. If it subsequently explodes toward $140 in a matter of days, he says investors should consider taking profits. His conclusion: SpaceX may currently be better viewed as a high-volatility trading vehicle than a traditional buy-and-forget investment. Hatfield also explains why investors analyzing companies whose profitability sits several years into the future need to do the valuation work—and be prepared for enormous price swings along the way. $224. $131. Maybe $100. Where does SpaceX go next? 🔗 Website: https://biztalktodaytv.com 📧 Contact on Email: support@biztalktodaytv.com 📲 Download the Biz Talk Today TV app on Apple & Android devices. 📢 Disclaimer: The views and opinions expressed on this program are those of the hosts and guests and do not necessarily reflect the official policy or position of CrossCheck Media Inc., Biz Talk Today TV (BTT), or their affiliated entities and distribution partners. Content produced by CrossCheck Media across video, audio, and digital platforms is provided for informational and educational purposes only. Nothing presented should be construed as financial, investment, legal, tax, or gambling advice, nor as a recommendation to buy or sell any security, asset, wager, or strategy. All investments and wagers involve risk, including the possible loss of principal or money placed on a bet. Past performance and statistical analysis are not indicative of future results. Viewers and readers are solely responsible for their financial and wagering decisions and should conduct their own due diligence and consult with qualified professionals where appropriate. Sports betting commentary is for informational and entertainment purposes only. Participants must comply with applicable laws and age requirements in their jurisdiction. #SpaceX #JayHatfield #HatfieldEconomics #ToddSchoenberger #SpaceXStock #SpaceXIPO #ElonMusk #StockMarket #WallStreet #Investing #StockValuation #DCF #DiscountedCashFlow #GrowthStocks #Trading #MarketVolatility #SpaceInvesting #SatelliteBusiness #Starlink #Tesla #AIInvesting #QVOL #ICAPETFs #InfrastructureCapital #BizTalkTodayTV

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