The YouTuber advises avoiding FWONK due to its high valuation of $16.6 billion and $3.4 billion in debt, which is not justified by its current net income. While there are tailwinds from increasing popularity and new media deals, the financial backing does not support the current stock price, making it not a great value long-term.
“This is one I'm going to stay out of but I will definitely enjoy race week and I will be tracking whether or not formula one as a company is able to generate a little more income and become more attractive as an investment”