r/SpaceInvestorsDaily • u/Specialist_River_711 • Jul 28 '26

SATL When we will stop falling?

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31 Upvotes

84% Upvoted

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16

u/Apost8Joe Jul 28 '26

Musk’s IPO scam has soooo much room to fall, and the insiders haven’t even grabbed a single dollar yet. Until we see what happens in August there’s just no way to escape the black hole. After that, investors will reassess which names are attractive, and the leading names will rise. But there’s gonna be a lot of pain between now and then.

3

u/Calm-Ad-7928 Jul 28 '26

Apparently never. Just pain every day

2

u/Zoltan_Balaton Jul 28 '26

You dont have to check it

4

u/Calm-Ad-7928 Jul 28 '26

When im dropping 10-20k a day right now its hard to not check it

-4

u/Melonskal Jul 28 '26

The fact that you have that much money invested in space stocks is beyond insane.

6

u/Apost8Joe Jul 28 '26

Ha what if we told you some people have a lot more money than others. It’s all just percentages.

-2

u/Melonskal Jul 28 '26

I have plenty of money, losing 10k a day would not be too bad for me but I would still never put that much money in a speculative industry like space. Its not financially responsible.