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I asked ChatGPT for the probability of SpaceX stock falling below $90. It said…
['Jon Smith', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Given the broader concern in the market right now, I decided to ask my chatbot friend ChatGPT if there was a serious chance that the stock trades below $90 at some point before the end of the year.
An optimistic starting viewIt assigned a 35% chance that it trades below $90 before year-end, which is lower than I was expecting.
If SpaceX stock was rallying hard, I'd assign a lower probability.
After mulling it over, it's less about a specific price level.
Rather, I want to wait until volatility has died down, lockup periods have expired, and the share price trades with a more level head.