Investors have been conditioned over the past 20 years that every dip is a buy, disregarding fundamentals. Whether this time is different or not,only time will tell
The same reasons reasons were valid when the cryptos were galloping up the charts. So all in all its a meme driven gambling phenom. And nobody can predict when it will end. It will end when it ends...
Hope he wins.. That Elon guy has been too much lately... Genius and visionary of course but also an egotistical maniac who think everything and everyone should be at his beck and call.