With SpaceX IPO happening soon there is a lot of buzz around the stock. The valuation of $1.75 trillion seems to price in a lot of future success and earnings which may limit the upside, but with it going to S&P and NASDAQ so quickly maybe it will push to $3-4 trillion within a couple weeks?
I'm undecided at this point, tending toward no.
The greater fools in this picture are pensions and 401(k)s that'll keep automatically buying toxic waste because MUH INDEX.
It will be funny to see boomers ruining our country for decades to make sure their retirement is great, only for AI and a couple overhyped stocks to come in at the last minute and ruin it all for them.