Ansem: Bullish on SpaceX to Become the World’s Most Valuable Company, but Caution Is Wanted Regarding Potential Selling Pressure from Share Vesting in August
Svmuu News: Crypto influencer Ansem stated on X that the market may be significantly underestimating the upside potential stemming from the supply-demand mismatch in SpaceX’s circulating supply, and believes that the current bearish sentiment could lead to more short squeezes. Ansem pointed out that SpaceX has now become the top-ranked stock in terms of both trading volume and options trading, but the market has a short-sighted understanding of the progress of its business diversification (including AI and other verticals), focusing excessively on current revenue performance. This structural cognitive bias could propel the company to become the world’s most valuable company by the end of this year, and Ansem noted that the approximately 30% share unlocking event in August could serve as a trigger for a short-term “local peak.”
Source:Odaily · Source Link
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