Before Space Exploration Technologies (NASDAQ: SPCX) went public in the largest debut in history at $1.8 trillion, Michael Burry of "The Big Short" fame argued that nothing in its IPO filing justified even a $1 trillion valuation. Weeks later, he called the company a combination of a small space business, a niche telecom business, a struggling social media platform, and "CoreWeave-light," referring to the heavily indebted but fast-growing neocloud operator. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.
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