XPRIZE Founder: In the past decade, I would put idle funds into Bitcoin, now I will buy SPCX

Odaily Planet Daily News: Peter H. Diamandis, founder of the globally renowned technology challenge organization XPRIZE and early investor in SpaceX, stated, "People always ask me if I will sell off when the price goes up. Quite the opposite. Over the past ten years, whenever I freed up funds from other transactions, I put them into Bitcoin, and I still hold a considerable amount of Bitcoin for the long term.

But going forward, as long as I have idle funds, I will invest in SpaceX, a company of epoch-making significance. I expect the stock price to drop when locked-up shareholders are able to sell their shares and some take profits, but I am not investing in SpaceX for quarterly price increases; I am investing to advance the off-world economy."