$Triller(ILLR.US) +297%. A short-video platform announced it would spend $411 million to buy SpaceX equity as a strategic reserve, stuffing the rocket concept into its balance sheet.
Relying on this kind of operation to ignite a rally, is there really anyone who believes this reserve narrative, or is it just a pure thematic impulse? It looks more like the latter—SpaceX equity itself doesn't generate cash flow, and $411 million doesn't create synergy with its main business. It's more about giving retail investors a story to tell. I wouldn't dare to chase at this level myself. 😵💫
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
