RSP has been outperforming. But this is a big break here after months of distribution in the indexes. This could well get uglier before it gets better.
Be patient and buy in tranches.
This also brings a morbid risk as well. All those Elon eggs in one basket.
If Musk ODs on ketamine / some psycho kills him or whatever, I think you've got a concentration risk of a massive dump in everything Elon.
Microsoft Sours on Neoclouds Owing to Data Center Delays, Costs; Microsoft Is Tightening Oversight Of Some Data Center Projects From Nebius Group, Iren., And Nscale" - Bloomberg Exclusive (MSFT, NBIS, IREN)
Ai / Tech massacre on this.
The problem with SpaceX valuation and thesis is the fact they hitched their xAI to the name. I want to own SpaceX the rocket & telecom company, not the AI business at all.
It muddies the waters considerably, especially when trying to work out Revenues / Margins / CapEx. Like most AI, future...