$SPCXB Old Ma owns 48% of the shares.
Whether the shares are unlocked or not doesn’t really make much difference.
It still comes down to whether it can break above 220 and surpass the previous high.
Sentiment isn’t there yet, and on top of that, OpenAI’s financing has run into problems.
Actually, this is good news for spcx.
After all, Old Ma’s company is an investment company.
The $40 billion in financing and loans is really just a strategic matter for Old Ma.
The company needs to preserve its cash flow, so if it can borrow, it should—that’s fundamental to keeping the company afloat.
As Old Ma said, most computing-power companies eventually face bankruptcy. That’s normal: they have to upgrade their equipment and increase their computing power. It’s basically the same principle as the BTC mining rigs we used to have.
If you don’t upgrade, you get left behind. But upgrading costs money, and getting that money means raising financing. So, as Old Ma says, when it comes to an investment company,
he won’t be afraid of being unable to raise funds.
As for the midterm elections, neither the Democratic Party nor the Republican Party will have much impact on him anymore. After all, X is in his hands. The U.S. is a capitalist country, so ultimately the only thing that can affect him is the amount of capital he has. Big Mao just gets along well with him, that’s all.
There’s no need to worry about the short-term price. It will definitely reach the previous high of 220, so relax and don’t overthink it.
Whether the shares are unlocked or not doesn’t really make much difference.
It still comes down to whether it can break above 220 and surpass the previous high.
Sentiment isn’t there yet, and on top of that, OpenAI’s financing has run into problems.
Actually, this is good news for spcx.
After all, Old Ma’s company is an investment company.
The $40 billion in financing and loans is really just a strategic matter for Old Ma.
The company needs to preserve its cash flow, so if it can borrow, it should—that’s fundamental to keeping the company afloat.
As Old Ma said, most computing-power companies eventually face bankruptcy. That’s normal: they have to upgrade their equipment and increase their computing power. It’s basically the same principle as the BTC mining rigs we used to have.
If you don’t upgrade, you get left behind. But upgrading costs money, and getting that money means raising financing. So, as Old Ma says, when it comes to an investment company,
he won’t be afraid of being unable to raise funds.
As for the midterm elections, neither the Democratic Party nor the Republican Party will have much impact on him anymore. After all, X is in his hands. The U.S. is a capitalist country, so ultimately the only thing that can affect him is the amount of capital he has. Big Mao just gets along well with him, that’s all.
There’s no need to worry about the short-term price. It will definitely reach the previous high of 220, so relax and don’t overthink it.