They're either gonna type it in too early in the day and only see one ticker that ISN'T space X, but is another space company with the SAME first three letters in its ticker. (It was a SPAC darling back in 2021).
Or they see both that twin-like space stock and SPCX.
Get your 2 brain cells churning here, do you REALLY think no one is gonna accidentally bid up that other space stock thinking it's Space X?
In addition to the confusion play, Jefferies just reiterated a buy rating and $5 price target for that stock the other day. Current price is around $3.80 - $3.90.
It has the space sympathy play going for it, and is still small in market cap so the convexity potential is high compared to the standard space stocks that already have huge market caps.
Please mods, let this stay up. Everyone complains about not getting informed about new plays early enough, only after they've run up and hit big market caps. Well, here's one the regards can get in early on.
My positions:
https://preview.redd.it/vb06fnikuw3h1.png?width=1347&format=png&auto=webp&s=b7aade01e5fa5fcea0d3e91e6e884eba8446c381
https://preview.redd.it/q514a9gcuw3h1.png?width=1352&format=png&auto=webp&s=da833551089c415ad59fd1ec7faaf6ee82546dbf