Why Sandisk Stock Popped After the SpaceX IPO

Sandisk (NASDAQ: SNDK) banal surged 6.6% done 12:05 p.m. Monday -- and for a crushed that whitethorn astonishment you.

In a enactment retired this morning, Canadian backstage equity store Lynx Equity told investors that adjacent though the SpaceX IPO is over, and adjacent aft the abstraction company's shares are up 31%, there's inactive a mode for investors to marque wealth connected the SpaceX IPO:

Missed Nvidia successful 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" awesome flashed for a little-known chipmaker called Nvidia. For the archetypal clip successful years, that aforesaid "Total Conviction" awesome is flashing for a institution 1/100th the size of Nvidia. Continue »

By buying Sandisk (NASDAQ: SNDK) stock.

Image source: Getty Images.

SpaceX is flush with currency present

SpaceX made past past week, some scoring a gigantic valuation (currently $2.3 trillion -- rather a batch for a abstraction banal with nary profits) and raising $75 cardinal successful cash.

Now SpaceX volition person to fig retired however to deploy each this currency to support its maturation complaint going. And here's the thing: Lynx thinks SpaceX volition walk rather a batch of this currency connected semiconductors.

While inactive thought of by astir investors arsenic a abstraction company, you see, the gigantic tech institution that IPO'ed past week is truly overmuch much of an AI stock. Indeed, portion the full abstraction motorboat marketplace is presently valued astatine single-digit billions per year, astatine slightest immoderate investors judge that SpaceX's AI concern could yet beryllium worthy $30 trillion annually.

What this means for Sandisk

For SpaceX to travel anyplace adjacent fulfilling this dream, however, it's going to request to physique a immense AI concern -- and walk heavy connected AI chips and the representation chips that enactment AI inference enactment by those chips.

This means much wealth flowing to Nvidia (NASDAQ: NVDA), for illustration (which is successful information Lynx's favourite play connected SpaceX), and besides much wealth flowing to Sandisk (NASDAQ: SNDK) arsenic well.

The champion quality of all? Even valued astatine 23x sales, Sandisk banal is inactive 5x cheaper than SpaceX!

Missed Nvidia successful 2009? This Rare Signal Is Flashing Again

In 2009, a "Double Down" awesome flashed for a little-known chipmaker called Nvidia. If you'd invested $5,000 then, you'd beryllium sitting on $2,664,278 today.*

Now, for the archetypal clip successful years, that same "Total Conviction" signal is flashing for a institution 1/100th the size of Nvidia. It's a cardinal subordinate successful the $1.8 trillion abstraction race, and with the banal precocious sitting 20% disconnected its highs, the model to get successful aboriginal is closing fast.

Continue »

*Stock Advisor returns arsenic of June 9, 2026

Rich Smith has nary presumption successful immoderate of the stocks mentioned. The Motley Fool has positions successful and recommends Nvidia. The Motley Fool has a disclosure policy.

Why Sandisk Stock Popped After the SpaceX IPO was primitively published by The Motley Fool