$Space Exploration Tech(SPCX.US) The float accounts for less than five percent of all shares. That is, based on the current market cap calculation, the entire float is the tens of billions from the IPO (it was said to be 75 billion a few days ago). Then, based on the current market cap, I calculated the value of the float and subtracted yesterday's gains, which is roughly 75 billion. This also means that the current float is the portion valued at 75 billion with a unit price of $135.

Let's talk about the history of space exploration. The first human entered space in 1961, and then we landed on the moon in 1969. So many years have passed. Half a century. Why can we only send probes to Mars? The distance in between is too far; it's not something that can be overcome by simply adding more fuel. In other words, before there is progress in fundamental physics, humans cannot achieve a mission to Mars. This is a fact that cannot be changed by the enthusiasm of human fans.

Furthermore, it's not that this company isn't great. After all, it has made aerospace less mysterious, proven that stainless steel can still reach space, and its launched Starlink provides internet access to many ships and remote areas. It is indeed a great company. But think about yourselves, are you great when you make money? Is it genuine financial support or a different kind of choice?