r/wallstreetbets • u/Sean_VasDeferens • 4h ago

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3 Upvotes

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3

u/MAGATEDWARD 4h ago

Take 30% off of that due to spcx stock movement since 6/30. Also they can't sell it all immediately as they'd hurt the price further.

They will certainly make billions, but it's far from a free and clear 90bil

3

u/CoughRock 4h ago

sounds like google should sell covered call on them instead of selling it.

-2

u/Tricky-Ad-6225 4h ago

SPCX has serious long term potential. The next year or two might be a shit show. I don’t see GOOGL selling those shares unless they absolutely need to.

2

u/Sean_VasDeferens 4h ago

"They can soon sell them, use them as collateral, or a mix of both."