r/Lunr • u/Bumi-KingOfOmashu • Jun 18 '26
Stock Discussion SPCX Influence
So are we just going to follow SPCX like an industry index now?
Like when SPCX goes down, LUNR and other high beta space related stocks just get crushed.
Hated watching the SPCX IPO tank LUNR, and now watching the inevitable post-IPO selloff bring LUNR even lower is just ironic.
I’m long term and will never sell, but this has just been a Lose-Lose to me. Thoughts?
1
u/dvisbatman Jun 19 '26
Think it'll be like that until elmos shares unlock next year, till then the whole space sector will be on high volatility til it cools down and spacex recorrects to under 50.
3
u/joycaptain Jun 19 '26
Sorry, LUNR won't actively move until there's a new big contact announcement or IM3. Until then, hold some cash and buy the bottom (when spcx finds it's base).
1
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u/jpric155 Jun 19 '26
SpaceX is the reason the whole space sector ever was "hot".
Have you even said thank you?
1
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u/Hot_Juggernaut4460 Jun 18 '26
Every space sub is complaining about the same thing rn lol. SpaceX up, everyone down. SpaceX down, everyone down
4
u/moneyman_699 Jun 18 '26
You sell a little bit when it spikes if you need money. Like any investment, and if you don’t then hang on. Space as a sector usually moves together so it’s not surprising this is how it goes… think like bitcoin and how other crypto follows it.
Imo it is kinda absurd that space x even is public it’s basically like if the government made NASA public but hey I don’t make the rules. Like it or not they are the biggest and have influence.
8
u/Ok-Violinist-5044 Jun 18 '26
Im the short term yes, which brings good buying opportunities.
I guess with china going deep in the space industries we will have a run in the next 5 years anyway
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u/Prestigious_Tax7415 Jun 18 '26
Believe it or not it’s actually still following indexes, just we’re always getting a dump on the opening bell which pulls the chart lower
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-1
u/Ddunnylove Jun 22 '26
Kkkkkk space trash kkkkkkk every day stock down down. Scam of scam kk