AMD--
NVDA--
spx ipo housing market 2020 bullish 401k infrastructure
The $SPX IPO will be like the housing market after 2020. After 2020, housing prices kept rising and became way too high. Many thought there'd be a drop, but things like market tricks, global issues, and unexpected events kept prices high and it's now just the new normal. I'm betting the same thing will happen with $SPX. Everyone will rush to buy, and funds like 401Ks will keep prices high. With few public shares and lots of trading, it'll stay shaky. People will keep saying prices are too high, but after a few years, everyone might just accept it. $BLUEORIGIN might go public soon and it'll be like the $NVDA vs $AMD rivalry. How many still say $NVDA is overpriced when it's actually doing well? As a former employee, another thing no one's mentioned is regulation. You can't just launch satellites freely. Space junk is also a growing issue. Satellites only last 3-7 years, and the current method of disposal is pushing dead ones out a bit. This creates a growing mess in space that rockets must avoid. More stuff in space means more to dodge. Space isn't endless, and latency matters. Moon data centers are different but have their own issues. This is like investing in $ATT back in 1983. It'll take time for the infrastructure to catch up, but once it does, the first-mover advantage will be huge. For what it's worth, I'm long-term bullish. But I also know the game is a bit rigged. It's overvalued, but I believe the price will make sense eventually.
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