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Ari Paul said he was initially skeptical of the valuation assigned to SpaceX at its IPO, but now considers the assessment justified in light of the company’s ongoing vertical integration and development of strategic moats. Paul noted that while he does not currently own SpaceX shares, he plans to purchase them in the near future and sees the company as a potential core holding.
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Paul previously discussed his experiences with different investment vehicles. He explained in an earlier article that despite his finance background, he lost money trading equity options. This contrasts with his current interest in positioning SpaceX as a potential core holding.