NVDA surged 420% from the inflection Maguire maps ***** eX to; RKLB, the closest public launch proxy, has already climbed 320% over the past year.
Maguire's 'hold forever' stance is backed by a 2029 to 2030 revenue model, but he holds at Sequoia's cost basis while public investors do not.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Sequoia Capital partner Shaun Maguire went on CNBC last week and said ***** eX (NASDAQ:SPCX), freshly trading, looks to him "more like Nvidia three years ago" than Tesla (NASDAQ:TSLA). He also said he plans to hold his shares "forever." Sequoia is a longtime ***** eX backer, so the incentive to talk his book is obvious. Still, the comparison is worth unpacking because it is a specific claim about where ***** eX sits on the curve, and the curve has a recent, very expensive precedent.
Three years ago, in June 2023, NVIDIA (NASDAQ:NVDA) traded at a split-adjusted $39.41. The AI thesis was contested, hyperscaler capex was just beginning to inflect, and bears framed the stock as a cyclical chip name riding a temporary GPU shortage. Since then, NVIDIA shares are up 419.89%, the company carries a $4.95 trillion market cap, and Q1 FY27 data center revenue alone hit $75.25 billion, up 92% year over year. CEO Jensen Huang called the buildout "the largest infrastructure expansion in human history." You can read the underlying 8-K here.
Maguire's 'hold forever' stance is backed by a 2029 to 2030 revenue model, but he holds at Sequoia's cost basis while public investors do not.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Sequoia Capital partner Shaun Maguire went on CNBC last week and said ***** eX (NASDAQ:SPCX), freshly trading, looks to him "more like Nvidia three years ago" than Tesla (NASDAQ:TSLA). He also said he plans to hold his shares "forever." Sequoia is a longtime ***** eX backer, so the incentive to talk his book is obvious. Still, the comparison is worth unpacking because it is a specific claim about where ***** eX sits on the curve, and the curve has a recent, very expensive precedent.
Three years ago, in June 2023, NVIDIA (NASDAQ:NVDA) traded at a split-adjusted $39.41. The AI thesis was contested, hyperscaler capex was just beginning to inflect, and bears framed the stock as a cyclical chip name riding a temporary GPU shortage. Since then, NVIDIA shares are up 419.89%, the company carries a $4.95 trillion market cap, and Q1 FY27 data center revenue alone hit $75.25 billion, up 92% year over year. CEO Jensen Huang called the buildout "the largest infrastructure expansion in human history." You can read the underlying 8-K here.
13 hours ago
