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Steve Weiss
Short Hills Capital Partners
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BearSpaceX
leaning · 2026-07-15
Clip runs as SpaceX falls to $135 for the first time, below its $150 IPO price from last month. He adds 'I just think it's the unwind of the momentum names that we're continuing to see' @1:19. 'Faith stop' is a whisper garble of 'faith stock'.
“I don't know if it's anything between SpaceX, other than SpaceX is a faith stop. Yes, tremendous business, but you can't value it, and we don't know when they'll be profitable.”
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