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Nic Cruz Patane
@niccruzpatane
Deep dive into everything @Tesla / @SpaceX
Joined February 2022
167 Following    122.1K Followers
$SPCX volume has increased roughly 3-4x since earnings, and after the first share lock-up release. Aug 4: 144M shares traded Aug 5: 209M shares traded Aug 6: 255M shares traded Aug 7: 241M shares traded Many people were betting against insiders and employees selling their shares, but the complete opposite happened, as expected. The stock is now hovering around the original IPO valuation ($1.75T). Never bet against Elon or any of his companies.
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@brivael The survival probability of firms who maintain a significant short position in SpaceX over time is very low