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Still Hodling "Buy the Dip Stocks" for Now

Volatility makes it challenging to hodl buy the dip stocks.  When a very profitable stock dips 20, 30 or 50%, my instinct is to sell and kee...

Saturday, May 30, 2026

SPCX the Final Frontier

SpaceX will IPO in June 2026.  It is expected to raise $75 billion and have a target valuation of about  $1.75 trillion.   Here's my take:
  • Other space related stocks: SPCE, ASTS, RKLB, etc. are rising with this IPO
  • Muskman may become the first trillionaire if he achieves certain criteria.
  • Other Muskman stocks and investments (TSLA, xAI) will probably benefit.
I expect there will be high volatility for a few weeks.  I plan to hold TSLA, but not take positions in SPCX nor the other space related stocks.

Disclosure:  We own shares of TSLA.

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This is not financial advice. Please consult a professional advisor.

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