Its because he has an upcoming tax billof USD15 billion. He can cash in his small portion of stocks he owns to raise $$$ to pay it off. The recent surge to $1200+ makes him richer but to me, I find it rather overvaluedAlso, this attracts further attention and eyeballs.So it’s a win win for him no matter how you see it
I have been in $SOFI since their SPAC days and it has been nothing but red daysBut stil I dont panic as I am bullish about their long term prospectsThe article is right that the most imporant catalyst is the bank charter. I follow $LC and they shot up after getting their bank charter.If they dont get it, I feel its harder to grow more in the future