SpaceX Know This Now‼️

Hey, what's up good people? How you doing? Welcome back to Stock Up with Larry Jones. You can see I got CNBC in the background there. Uh listen, um we're going to talk about SpaceX in this one. Uh the overall market. Um listen, I want you to know that earnings have been great. Earnings have been really, really, really great. And earnings for all of these companies has been great. Even SpaceX was surprising to all of us and uh I don't care who you are, they did some uh impressive earnings. But there is a huge problem with Space X. It is massively, if you ask me, massively overvalued. But you got to remember what happened with Tesla when it was started. You got to remember the uh capex spend. You got to remember how much money Tesla, excuse me, I was just eating, was spending to get their infrastructure infrastructure to do uh these mega plants. Uh we have a short memory and they weren't cash positive for years, but people just wanted in and they began to buy at crazy evaluations again with no no money, no earnings. Okay. And um I was one of one of those who start buying in in in early 2020 before they can really prove anything. But SpaceX is different. So, we're going to get into that. I'm filming this about 25 minutes before closing bail. Just got off a flight. I'm here in the ATL. Going to meet a group of ladies who put something together and uh we're just going to teach for a couple hours and then I'm going to stay here for Investfest. So, hopefully I'll see you guys if you're here. So, SpaceX is a hyperscaler. All right. And you know, they keep saying, "Oh, too much spent." Well, not enough. China is ahead of us. And then boom, when the market is green, oh, hey, we got to stay ahead of China. And uh we need to spend more money. We got to stay ahead. And then when there's too much money spent, they go they start talking about the cap x spend. It's too much. There's no revenue. And this is an investment. This is an investment zone, right? And we're not just investing in a dot. We're investing in a new revolution. This AI thing is not coming. It's here. It is here. You guys are chatting. You're doing Grock. You're doing Claude. You're doing I just just creating movies and music and it's going to touch every single aspect of your life. It is. Okay. So, now let's go to SpaceX. It was it ran up as much as $226. So, let's just say $225, okay? Cuz it wicked up. Somebody bought it at 226. Somebody bought it at 105. Okay? None of those two knew exactly where it was going. The one that bought it at 225 or 224 or 226 was just a chaser. But down the road they will be positive because I believe SpaceX is short-term bearish and long-term uh bullish. Why? How do I say that? Because the valuation is insane. The the valuation was evaluated at a trillion over a trillion dollars and the true valuation is is is in the billions. So you put it put that make that make sense to me. Okay. Here's what I think is the biggest um headwind to Space X. We know that the unlocks are going to start. They're going to start immediately. They're going to start the unlocks right now. Okay? And I want you to look at yesterday's video or the day the video I did before this. I showed a schedule of all of the unlocks. The unlocks are going all the way till next year. Okay. What are the unlocks? people that couldn't sell their shares. Okay, so you got the people and then you got companies and then you got Elon himself. All of these different like like five major or six major unlocks that's going to dump millions and millions of shares of this stock onto the market. But as I make this video, it is going up. It is actually drifting up. So, here's one of the major reasons why uh SpaceX is running up, guys. You got to look at the options market. Okay, two specific massive multileg trades caught Wall Street's attention during Thursday's session, which is today, right? The multi-million dollar put sale and call buy. Okay. A sophisticated block trade went off where an institutional player sold 3.5 million worth of $75 strike put options expiring January of 2028. Okay. They simultaneously use the capital to buy 185 strike calls options of the same January 2028. Okay. So, some of these guys were losing and they're covering. A separate massive $20 million bet on a 330 strike calls expiring this week also remains open in the background. Wow. Through analysts believe it is likely a bank hedging shorts stock or volat volatility exposure. So, this I believe is what's causing SpaceX to run up right now before the first unlock. So, I'm going to say if you're buying it at 110, uh, you're fine. I'm going to say if you're buying it at 105, you're fine. I'm going to say to the people that bought at uh 225, you're just going to have to hold longer because this is a long play for me. If you ask me, this is a long play. I believe Elon is going to dominate space. I believe that he's going to be the biggest real estate owner of space, okay? And everything and all of the companies. Look at what he's doing with Starlink. just launching all of the satellites uh up in the air and then soon it'll be the moon and I believe that Starlink, I'm sorry, SpaceX is going to be the forefront of that. Okay, so I took a few notes here. I talked about it being a hyperscaler. I talked about the range that has been already with before the earnings. You have a range from 226 and a drop all the way down to 105 before earnings report. that is concerning for the people shortterm that bought it along uh you know on the IPO right um I talked about the capex and this massively spin okay the earnings was surprising because Starlink is really really ramping up it's an 80% chance you know we guess this you know how they take they they take these uh you know surveys survey says says 80% of people think that uh Tesla is going to be bought out by SpaceX. So if you really want to profit by um get getting some SpaceX, I also would keep my eye on Tesla right now on a three because Tesla will 80% chance. So I'm not saying it will. If it does get purchased by Space X, Tesla's going to go up in value. Remember, the company that does the purchasing actually lose a little money because their cap Xpend went up just like SpaceX did with their cap Xpin. They actually doubled it from 7 billion to 15 billion. Okay. So, what am I doing now? Instead of buying SpaceX at the top, I was buying uh some shares of um um Tesla. Okay, I want to keep that correct. All right, so Elon will own the space real estate if you ask me. Earnings uh were better than expected and I talked about it being short-term bearish and long-term bullish. That's what I want to say. So, what I want to say to you is it's okay to start buying actually at 110 on down. It is. And that's what I'm going to I'm going to do. I believe it'll drop back down to to 105 in days. I do believe it. Even though it's going up now, people are trying to figure this stock out. All I know is if you buy it in the range it is now or the next drop, just remember and I want you to look at the lock up period and look at the greater amount of shares, not when the dumps are, which one is going to be right right here in in in hours, but the um amount of shares that's going to be dumped onto the market. But remember, go back and rewind. Remember what Tesla Tesla was massively overvalued, but you and I held. It was almost like a cult following. And I don't I don't do cults, but we held because we had the belief that it would print. I think Space X is going to do the same thing. I don't think it's going to drop to $50 like some of these people are saying. I don't believe that SpaceX will get to $50. $50. I just don't. I think that $100 is a level a psychological level of support and before it gets to $100, people will start buying without even looking at a chart. I think people are going to start buying at 105 again. If it gets back down here, I believe that people are going to be buying here at 110. So what happens is sometimes people miss because they're trying to hit the bottom perfectly. And so what I would not be doing is putting all of my SpaceX money in right now. I would literally start to dollar cost average actually at 110 on down. Tell me what you think though. I will put some buy orders in at 105 and see what happens after the lockout. And remember, I'm just I'm getting one share out of 50 right now just to put my toe in the water and see how it how it acts. Okay? I'm just buying one share out of 150 shares. Okay? So, I'm just showing you and sharing with you my buying strategy and what I think. Leave in the comments what you think about SpaceX for real though. Listen, um there's some links below. That's going to help you be more profitable. Go to description in your phone or your computer and go so go to more first at the bottom and then description and hit that top link and come join us. All right, I'm going to keep you guys posted. Live up, laugh and