Today is an important day.
There's a lot of excitement around SpaceX for good reasons.
But I will approach today with a balanced perspective.
I personally believe it is one of the most ambitious and transformative projects of our time. And given that the company has consistently achieved what many thiugh was impossible, I have no doubt that over the long term, it could deliver extraordinary results.
I do not doubt the company, its vision, or leadership. But at the same time, the current valuation leaves me with some questions.
While I am optimistic about the future of SpaceX, I also recognise that great businesses are not always great investments at every price.
For that reason, I am choosing to maintain a modest exposure rather than going all in or taking a larger portion. This allows me to participate in the journey while remaining disciplined and aligned with my investment approach.
I will be following the developments closely, cheering for the innovation, but remaining balanced and open-minded.
What are your thoughts? Are you investing, waiting, or just observing?