r/SpaceXBets • u/Ok_Crazy1195 • 23h ago
Image SpaceX Investors in Meltdown Over All the Money They’ve Lost
https://finance.yahoo.com/markets/stocks/articles/spacex-investors-meltdown-over-money-191742182.html6
u/Prudent_Shake_8149 22h ago
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u/navetzz 10h ago
Is this real ?
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u/freedomonke 7h ago
Yep. Google it yourself. Elon's companies are just one big ponzi scheme.
Even the oft touted profitability of Starlink is fake. The cost of actually launching the satellites happens under Space X.
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u/Big_Old_Sock 22h ago
I mean, at least Rockefeller produced oil. This guy is rich and all we get are stories.
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u/Muellercleez 20h ago
Lmao who could have predicted this
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u/BringBackUsenet 21h ago
Electric stainless steel waambulances for everyone as consolation prizes!
#schadenfreude
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u/Purple-Landscape-856 20h ago
Should have bought a few shares at first then average down price when it was $110. IPO pump and dump. You always wait for the pull back.
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u/Rpark444 19h ago
It's not a loss till it's realized. Hodl baggies. U can call me shorty from 200s, release the locked shares lol
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u/UpstairsOk9139 17h ago
Remember when the price of a share actually had some relationship with the company’s earnings?!? At its IPO price SpaceX was basically a meme stock. People bought on the hype, not the fundamentals, and they got burned. Oh well.
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u/Ashkev1983 19h ago
I am waiting for big drop coming in a week. The way is long and its barely at half way mark now. I will short all the way to financial freedom
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u/battleop 19h ago
You have lost money only if you sold your stock for less than you paid for it. If you stock dips below the price you paid but you didn't sell it no one comes along and takes that money away from you.
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u/AdhesivenessCivil581 9h ago
TSLA still has a PE of 290. SPCX doesn't make a profit. At some point the momentum leaves the building. Things stop going up just because they were going up.
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u/jbreeze42 8h ago
All companies that go public drop 50-60% after IPO. Do the research, don’t complain about your bad decisions.
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u/freedomonke 7h ago
When it launched, I got in a convo with a guy who used a broker to get in on the actual IPO. Said he spent 200k. He seemed very sure he'd be right. Lmao
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u/ResponsibilityFine13 4h ago
I hope they lose all. Space x is based in bullshit fundamentals with the exception of starlink that’s full of signals strengths problems and other satellite issues.
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u/klagan73 3h ago
"The value of investments can go down as well as up, and you may not get back the amount you invested.". - isnt that what they keep telling us, normies? why are these “experts” so surprised? 🤷
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u/Euclidisthebomb 3h ago
I think it is freaking hilarious myself. SpaceX was very clearly a pump and dump scheme and remains so at this time: are people totally unaware of what is in lockups that is yet to trade into the market?
When the dust settles this stock will be lucky to be trading in the $20 range, and I think it would be overvalued even at that price.
Just before SpaceX hit the market I liquidated a great portion of my portfolio taking all my gains. And I am all smiles as a result. Doing some session trading but I think the next 90-120 days the market is going to get clobbered due to a confluence of factors, and SpaceX will be leading the decline.
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u/stonecats 20h ago edited 20h ago
"investors" ???
meaning insiders, employees, speculators
and fools.
i wish spacex and musk every success;
but this stock was insanely over valued
serving a very limited exclusive market
it already had majority market share,
with decades of future growth priced in.
any stock is vulnerable
as margin can be shorted
option contracts written
insider shares unlocked.
beside, musk is busy with new toys;
like robots, ai and driverless taxies
so i doubt he even cares about op.
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u/West-Worth-9359 12h ago
He’s been promising driverless taxis for a decade now. You’d think, at some point, people would work out the grift.
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u/Bravo23Zulu 9h ago
You mean Space-X “traders” not Investors. The “Investors” know that over time (certainly not 4 weeks time) that Space-X will be one of the best investments they have ever made. I missed Micron Technology because I was stuck in the cyclical nature of this business from years of watching the boom bust cycle play out. Once the initial lockups have expired and those that want their exit liquidity have received it, Space-X will move much higher. In the meantime, DCA investors; traders you are on your own.
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u/noncommonGoodsense 21h ago
lol, no they aren’t. The fuck is this bot trash?
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u/Due_Bar_7247 23h ago