It isn’t a tulip mania; it’s the next Internet.
I will note that SpaceX stock continues to decline, with a daily (and historic, for its short history) low today of $110.85, so everyone who bought at the IPO is currently underwater. But probably a buying opportunity now.
I was able to buy some SpaceX at near it’s opening…and yes, I’m underwater,
But I bought it not as an investment, but as an act of faith. That humanity will own the stars. Not in my lifetime, maybe not my children’s. But my grandchildren’s?