🚨 Balyasny just made a big bet on SpaceX.
The asset manager reportedly disclosed a holding of 3.4 million SpaceX shares.
And that number matters.
SpaceX isn't publicly traded, so getting meaningful exposure isn't as simple as opening a brokerage app and buying the stock.
For a major asset manager to hold millions of shares, the signal is pretty clear:
Institutional appetite for SpaceX is real.
Now the interesting question isn't whether investors want SpaceX exposure.
It's what valuation they're willing to pay for it. 👀
#ElonMusk #Paypal #spacx $SPCXB
The asset manager reportedly disclosed a holding of 3.4 million SpaceX shares.
And that number matters.
SpaceX isn't publicly traded, so getting meaningful exposure isn't as simple as opening a brokerage app and buying the stock.
For a major asset manager to hold millions of shares, the signal is pretty clear:
Institutional appetite for SpaceX is real.
Now the interesting question isn't whether investors want SpaceX exposure.
It's what valuation they're willing to pay for it. 👀
#ElonMusk #Paypal #spacx $SPCXB