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SpaceX is undervalued at $2T or ~$156/share
Based on Morgan Stanley estimates, $SPCX trades at:
> 2025: 110x P/S on $18.7B revenue
> 2028: 13x P/S on $160B revenue
> 2030: 6.4x P/S on $330B revenue
> 2040: 0.62 P/S on $3.4T revenue.
Long @elonmusk.
Hyperliquid now sits on the complete opposite end from december, price keeps ripping while fees stay flat
makes me wonder if this recent $HYPE rally is somewhat overextended/driven by PURR buys
Introducing solana.com/data
For the first time, every major Solana metric sits under one open schema.
Nine providers at launch, one view, with every methodology published in full.
solana.com/data brings the whole ecosystem's data into focus 👇
underrated and still early: ondo perps
everyone has been talking about tokenized equities, but ondo perps’ early beta is predominantly commodities-driven (gold, oil, and silver).
by june 21, ondo perps had already done ~$484M in cumulative volume.
the most interesting signal
Prediction markets hit a record $10.8 billion in weekly trading volume in the week ending June 15 — their biggest week ever. Several big events coincided that contributed to the all-time high: the SpaceX IPO, a U.S.-Iran peace deal, the NBA Finals, the Stanley Cup, and the
The markets are closed, but crypto never sleeps!
I just posted a piece on DATS, looking at $MSTR and $BMNR looking at whether they were doomed.
This includes examining recent issues on $STRC and Bitmine's similar preferred stock offering.
Link below.
Rothera ($HOOD + SIG) JV prediction markets volumes scaling quicky. >100m contracts traded in 3 of the 4 last days. $ volumes small ~$35m (peak of $55m on 17th) but accelerating in this staged roll-out
> Of 100.9m contracts traded yday, 97% world cup, and w/in those 65%