Billionaire David Einhorn Says SpaceX Is Making History, but Not in a Good Way

In David Einhorn's most recent letter to shareholders of his hedge fund, Greenlight Capital, he specifically called out Space Exploration Technologies (NASDAQ: SPCX), which went public last quarter. The initial public offering (IPO) was historic for its size, and Einhorn notes that SpaceX is still making history, citing key analyst reports that have a massive impact on financial markets. But that history isn't necessarily a good thing for SpaceX investors, and it could have broader implications for the market in general. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.