Loeb's Latest Moves: A Shift in Strategy or a Desperate Gamble? Daniel Loeb's Third Point has been making significant investments in SpaceX, Warner Bros. Discovery, and TTM Technologies.
On the surface, this appears to be a departure from big tech names that dominated Loeb's portfolio just a few years ago. However, is this a deliberate strategy or a desperate attempt to remain relevant?
Loeb has consistently demonstrated a willingness to take risks. His investment in SpaceX, for example, comes with a valuation of 97. 79x its forward adjusted price to sales ratio.