$SpaceX(SPCX)$ $Leverage Shares 2X Long SPCX Daily ETF(SPCH)$ This is debt financing, not equity dilution. No need to rush into selling.
This doesn't change the wildly bullish thesis on SpaceX; in fact, it strengthens it. It's a senior bond offering, not more stock.
Having $100 billion in cash is extraordinary. That's not a company on the ropes. It's a company with ambition and capital requirements, and a proven way to achieve it.
My view remains the same, even more so. No need to worry or panic sell.
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