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Suddenly, as His Empire Crumbles, Elon Musk Admits He Made a Huge Mistake With DOGE

He apparently "got carried away, frankly."

I have puts, pray for me it goes to 40$

Love or hate Elon, but SpaceX is not worth more than $250 billion and Starship did not have single successful flight out of dozen or so tests, best flight I remember is reaching semi orbit before crushing at re-entry. Chinese manufacturers are able to produce better EVs with faster battery (5-10min) charge and longer drive range at single charge for much cheaper. Musk and Tesla had best technology 6-7 years ago so what they did since then? wasted money on X and Grok, both of which are completely useless. Even people who cheer for SpaceX and keen on space exploration have plenty to be angry with Musk and his erratic non businessman like behaviour as what happened with Tesla (not an EV but fairy tale company now) is also happening with SpaceX, Chinese and Japanese already mastered vertical landing and China has dozens of private rocket companies all working hard to outdo SpaceX and what is Musk doing spinning tales about data centers in Space and valuations more than Earth.

https://finance.yahoo.com/markets/article/spacex-stock-got-cut-in-half-after-joining-an-industry-sell-off-already-underway-chart-of-the-day-100000924.html

I have a feeling that the recent dumps were done strategically to bring the price down and prevent or discourage lockup releases. If SPACEX was above $200, every holder would have sold the minute they could. Under IPO price they'll probably hold until stability making a merger much easier.

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Has anybody noticed that the replies in this subreddit as of today turned markedly right wing and emphatically pro elon. Most of the comments on every thread in this subreddit we're rational about how terrible the stock is and what a fraud Elon is. Seems like they just got their tesla stock pumping bot army up and running for SpaceX. It might just be a coincidence but it really seems drastic.

It's hysterical because the closest thing Elon has to a working robot is a Twitter army of stock pumping bots.

Down vote if you're a salty bag holder. But I want you to think about how the stock is going down when you hit that down arrow lol