Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Asian Hedge Fund manager based in HK/SG with over 20 years of experience managing Asian Long/Short Equity funds. Macroeconomic top-down analysis generates thematic investments that are further researched from the bottom-up. Research is supplemented with advanced technical analysis. 
Previous experience includes M&A with Morgan Stanley and CPA with Deloitte in NYC. Wharton MBA.

CHARTING COURSE: If You Invested In SpaceX You Are Losing Money; E-Pass For Hormuz (June 26)

THE AI GOLD RUSH: Hyperscalers and Enablers

US SURRENDERS TO IRAN IN DESPERATION TO END WAR: (June 19)

Cross Asset Strategy

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<li>
<a href="https://www.smartkarma.com/entities/space-exploration-technologies-corp-spacex" target="_blank" data-smartkarma-citation="entities:33284:1" rel="noopener">SpaceX (SPCX US)</a> released its maiden earnings announcement, and the market is unimpressed.  Although there were some estimate beats, the focus remains on the enormous capex and cash-draining AI business.
</li>
<li>The company is due to release large tranches of shares to the market over the next few months, beginning on August 6th, posing a major risk to the share price.</li>
<li>SpaceX debt, although rated Investment Grade, trades like junk in the market, resulting in substantial losses for its investors since the IPO in June.</li>
</ul>



SpaceX (SPCX US) released its maiden earnings announcement, and the market is unimpressed.  Although there were some estimate beats, the focus remains on the enormous capex and cash-draining AI business.

The company is due to release large tranches of shares to the market over the next few months, beginning on August 6th, posing a major risk to the share price.
SpaceX debt, although rated Investment Grade, trades like junk in the market, resulting in substantial losses for its investors since the IPO in June.


SpaceX Hits the Moon.... Literally !!