So this week, a few hundred million more shares of spacex will unlock again. On top of that many hedge funds and companies have told the public how many shares they currently hold. Google has a stake worth more than $90 billion.
My opinion, long term this is a buy once they prove themselves with massive AI business growth, but right now the valuation makes zero sense.
I think also Google could start taking profit as I wouldn’t surprise if they want to use the profits for more capex.
Do you think this stock keeps ripping or the reckoning is coming soon, and large shareholders will sell to cash out and retail will be stuck holding the bag?