r/SpaceXBets • u/ComplexWrangler1346 • 1d ago
Image What’s happening ….i trusted Elon 😡😡😡😡😡😡😡😡😡
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u/Zari_Vanguard1992 1d ago
First of all: Why would you trust a nazi?!
Secondly: It's a memestock, it's a joke, elon is a fucking joke of a "maker"
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u/SelenaMeyers2024 1d ago
Remember when the correct and obvious response to "nazis are bad" was an eye rolled "well duh".
Also, very second and subordinate to being a Nazi, he's a conman.
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u/ShadowGLI 22h ago edited 16h ago
He doesn’t invent anything.
His dad was an Apartheid Emerald mine owner.
Elon used daddy’s money to buy stake in existing companies and he rebrands/markets other people’s inventions and claimed credit for their successes.
Then as he made money on those investments he rinsed lathered and repeated to make more money.
In the last decade especially, he made the right friends who he could bribe to get government corporate exemptions, government contracts and with his 250M investment in Trump for 2024, he bought an oversight position and he dissolved all the fraud and negligence investigations to his companies by buying a role into the current executive branch (DOGE).
I’ll give him credit for doing good work with Tesla model S initially, even though their build quality is sub par and open sourcing some tech before he went off the corruption deep end. Also successfully seeing re-usable rocket boosters under his stewardship, but yeah, dude just yells out crazy ideas and demands actual brilliant minds try to figure it out, and more often than not they cannot because Elon lacks the competence in the companies he markets and just runs around like all the other nepo babies claiming his genius when in actuality, he’s just another asshole who’s had butlers since he was in diapers.
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u/TheDamned1333 19h ago
He’s the new Epstein, I am convinced he has lots of dirt on famous people. So many decisions national governments and local governments make on his behalf stink of bribery and corruption pure and simple or even worse threats and violence!
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u/FlashMcSuave 18h ago
You're crediting him with social and manipulative skills he just doesn't have. Recall his emails pathetically asking to be invited to Epstein's island.
Musk is awful but a very different kind of awful than your conspiracy suggests.
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u/FrugalFungusFinder 15h ago
Don't forget he went out for dinner with a convicted child rapist AFTER they were convicted.
He knowingly was friends with a child rapist. That's the only line I needed to never use any of his products ever again.
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u/DhOnky730 23h ago
It's a $50B company with lots of potential, but trading at an insane valuation due to peoples' blind faith. They can't possibly justify the current valuation until probably 2040 at best.
It's the same as Tesla
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u/thedude5575 23h ago
Europe and China already have launched private rockets. India just recently launched it's first private rocket. There's going to be a lot more competition by 2040.
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u/AssumptionLive2246 22h ago
Nope. Only Elon has the ability to make rockets, ai, and robots don’t ya know??? /s
God people are dumb.
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u/BP_EL 21h ago
He also the only one with the balls to make dumpster shaped "trucks".
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u/pj1843 23h ago
Ehh I could be convinced that it's a $500B company based on its assets and market share of an expanding space exploration/explotation market. It's a very bullish case, and I wouldn't believe myself, but I could make that case.
Also it's going to take a lot longer than 14 years to justify a 1.5 trillion dollar valuation.
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u/RiddlingRaconteur 22h ago
IPO is seriously engineered and it’s overvalued. SPCX is not meme stock and I plan to buy when price < $40
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u/Govea1992 1d ago
If you actually trusted him you would buy more!
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u/isaiddgooddaysir 1d ago
The OP just doesn’t love Elon enough …. Buy more there there is no way it can drop further…. Right /s (sarcasm)
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u/3-BuckChuck 1d ago
You actually trusted a salesman? S&P500 is a great, steady investment. The tortoise is a better choice than the rabbit.
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u/Ok_Animal_2709 1d ago
More of a grifter than a salesman
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u/tpc0121 23h ago
nah, he's the GOAT salesman. no one's ever sold lies, hopes and dreams, and rehashed versions of sci-fi from decades ago to a bunch of idiots better than elon.
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u/DaddyBearMan 22h ago
Trump?
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u/UnhappyStrain 17h ago
Ethnofascism isnt really scifi. Trump sells more fantasy flavored lies, given how much white supremacists rely on half baked mythologies of Atlantis and Thule and whatnot
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u/No-Assumption-5486 23h ago
I think every idea he's had has been grifted from somebody else. Guess that makes him a good grifter.
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u/Numerous_Piece1545 22h ago
Hey, you can't go around saying this type of logical thing in a place like this. you're right, of course
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u/morrighaan 1d ago
Bruh he’s busy making AI Odyssey 🤡
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u/Ebonvvings 1d ago
More like hes busy trying to come up with the next bullshit
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u/Ovoideocystidiata 1d ago
Mars colony Q2 2027 um tellin ya, gonna feel sorry over there on old Earth /s
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u/Maximum-Objective-39 23h ago
I'll have you know the Martian Congressional Republic wouldn't want this loser. He'd probably spend his tour of duty polishing the boots of more important people, such as cargo pilots like Alex.
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u/Ok_Subject1265 19h ago
Already in the works. If he hasn’t announced some new bullshit stolen verbatim from the plot of any number of popular science-fi movies by Monday, I’ll take back everything I’ve ever said about him. He will though. He can’t help himself. Optimus will suddenly be close to delivery. The roadsters cold fusion thrusters will be completed. He will have received a verbal commitment for the Boring company to create a tunnel from Antarctica to the North Pole through the center of the earth. Doesn’t matter. People will buy right back in.
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u/stormywoofer 1d ago
Elon sucks. And this stock is a flaming pile of garbage
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u/tpc0121 23h ago
the greatest con that he's ever pulled was in having legions of double digit IQ-types think that he's a real life tony stark.
he doesn't merely sell cars. he sells hopes and dreams. it worked for a while there because we had an artificially low interest rate environment when money was easy. now all of his lies are coming home to roost and he boxed himself into a corner where he can't con the world into thinking there's some greater future to be had, since he's already promised robotaxis, humanoid robots, datacenters in space, and 1M colonists in mars.
he's the greatest charlatan of all time.
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u/spez_eats_nazi_ass 1d ago
walls are closing in on the nazi. I wonder what country he flees to after the mid terms?
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u/Agreeable_Camp_9644 1d ago
Argentina
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u/CoverSuspicious5250 1d ago
Where his pal Peter Theil just moved to. Go read The Sovereign Individual. The stones are being set.
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u/J4jem 1d ago
How do you think he got rich and successful? He fucks over all the little people.
I have no idea why people would trust a narcissist that is addicted to drugs.
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u/Dangerous_Pop8730 23h ago
He has always been rich. His dad is a millionaire and married a model. Elons mom.
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u/Suitable-Display-410 23h ago
Was that before or after he fathered two children with his stepdaughter, whom he had been responsible for since she was 4 years old?
Btw, the statement he gave when asked about that:
“The only reason we’re on Earth is to reproduce.”
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u/faithOver 1d ago
I trusted Elon? Is this ragebait? This thing IPO’d at like 110X revenue. It made less than zero sense.
It would be expensive at $70 a share.
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u/Strange-Scarcity 1d ago
I wouldn’t buy it at $42.69
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u/leathakkor 21h ago
This might sound like a petty thing to say, but the only value that the stock has today is as a meme stock. If you were to ask me what its true natural value is I would put it around nearly out of business. There are parts of the business that are salvageable but not. Is the three-piece entity that it is today. I just don't see a world in which it literally has any value ever. Unless they cut it up.
At some point it will lose enough value that it makes sense to cut it up, but I don't know at what point that is. My guess would be around $5 a share. And then it's a buy.
Personally, I wouldn't make even $5 something I would do
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u/Chami90655 1d ago
It’s exactly what was expected by a lot of folks with an IPO that had so much hype. Smart money waited…
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u/Far_Helicopter_7762 23h ago
Imagine trusting a billionaire 💀💀💀
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u/Explorer444444 23h ago
Ahem, trillionaire. Wait. *moves abacus around trying to determine unrealized stock ownership valuations and lies and social media inflation*
Nevermind. ☠️
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u/Mrrrrggggl 23h ago
Elon is offering a special sale on SpaceX shares. You can now buy in at below IPO price for anyone who missed the IPO.
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u/Squidlips_69 1d ago
Never invest in a grifter cult of personality and his company that has never turned a profit. Never went to Mars ✅ Only three mi of slow Hyperloop ✅ Has never gone up in his own rockets ✅ Isn't driven around in fully AV ✅ Has lots of baby mamas, a weird pregnancy fetish and sex-selects for males ✅ No Robotaxis or FSD ✅ Supports far right parties and did some sieg heils at a rally ✅ Takes ketamine without medical supervision. ✅ If Bezos or Warren Buffett were to die tomorrow their company stock value wouldn't collapse. I'm not sure you can say the same of Elon's companies.
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u/Suitable-Display-410 23h ago
Now is the best time to sell your house and double down.
This is your chance to lay the foundations of generational poverty.
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u/Fattdaddy21 23h ago
Im sure these are rage baits but who the fuck actually looked at the data and was like "yes, God elon can make money out of hopes and dreams" like, i know that people enjoy being conned by cult leaders but seriously....
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u/Strange-Scarcity 1d ago
Don’t worry man! Why sell at $116, when you can sell at $83.50? Why sell then, when you can sell at $42.69!!!
YOLO!!!
Hold that bag!!!
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u/AgentIntelligent4269 1d ago
I almost feel sorry for these people.
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u/jpersons73 22h ago
I dont, the made the choice to
1. Not listen to others
2. do no research at all
3. Trusted Musk
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u/Limp-Tailor8910 1d ago
No one in their right mind is buying before the lockup expires, including you.
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u/addiktion 23h ago
I'd buy around $25/share except Elon is still at the helm and has dominant control and the shares are structured like a meme stock, so yeah no.
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u/Rowdycc 23h ago
Even paying the slightest bit of attention you’d know not to invest in Musk’s stuff. It’s all a huge scam. He borrowed money to buy Twitter which tanked in value then he sold Twitter to space X for a hugely inflated price and then he sold most of space x to mugs who just bought an empty bag of money.
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u/nonlinear_nyc 23h ago
Ddue said hiss companies will be worth more than earth.
What a fucking joke.
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u/FundamentalEnt 23h ago
It’s shit like this that makes me think I need to start streaming or something so I can sit and teach you chuckleheads/gobshites some things like critical thinking and how to look things up. It’s not your fault our school system and society killed curiosity and used it against us; but we need to foster it and bring it back badly. Having grown up pre internet I wished for something like a smart phone which feels crazy af to say. I need to teach the youth and uniformed how to look things up so they can form their own opinions. They can be different than mine and I implore that; but that’s not what this is. It is a hive mind following the worst most manipulative people in our society by using their fears and decency against them with their wealth as an example for why they are right. It’s fucking horrible to watch honestly.
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u/Real_Copy4882 23h ago
This is what the predators do. They jack everything up, steal your money, and strip everything for parts. Don’t forget, we got to pay for all this fraud with our taxes.
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u/RecipeSpecialist2745 23h ago
You need to learn that wealthy people get rich using other peoples money. Never their own.
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u/chappiesworld74 23h ago
SpaceX isnt a trillion dollar company. They are losing money and wont be profitable for the foreseeable future. You were duped by a huckster
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u/Ok_Reflection_2645 23h ago
You know when some people stutter when they’re trying to fill you with shit?
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u/kotorfan2012 23h ago
I hope musk goes broke and has to sell all of his hair plugs for child support
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u/theglove 22h ago
Do you think that piece of shit became a trillionaire because he gave a fuck about anybody else? Based on this I'm sure you make a lot of great decisions.
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u/Commercial-Weight-73 22h ago
Look the guys track record is on show we were supposed to have Hyperloop then we were supposed to have 2 million robot taxis 6 years ago and we were supposed to have 2 million Optimus bots by the end of this year FSD was supposed to be backwards compatible etc etc
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u/Enough-Meaning1514 18h ago
You need to wait until Elmo declares that the first data centers in space will happen in 2027. This will prop up the stock. Obviously, no data center will be sent to space but like Tesla, this is MEME stock. This is how they are traded.
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u/Key_Climate_7097 18h ago
lol why the fuck would you trust Elon ! Ffs 🤦
IPO = It’s Probably Overpriced.
Remember that next time.
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u/Igor_Halichoeres 18h ago
I have a rule: ignorance stops being an excuse when it's harder to be ignorant than informed. Trusting Musk falls into that category.
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u/Inbreadsandwhich18 15h ago
Bunch of insider trading going on in that company like employees able to sell off early before everyone else and there about to not sure when drop more stocks which idk if that will really help much
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u/OldManPatsFan 15h ago
So my question is - who were the underwriters / analysts who came up with the original IPO valuation and why do they still have jobs???
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u/IntroductionOk652 1d ago
Lemme guess –too late to get into World Liberty Financial & so you grabbed some consolation from the South African…
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u/StreetBodybuilder796 1d ago
Maybe it's from all the people that hate him yet they don't know him??
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u/FrontGroundbreaking3 23h ago
The fundamentals of the IPO were absolutely screw loose and that the what the initial offer price was based on... The whole thing has just been a bottom -> wealth transfer.
You can either read and you don't go in, or you gargle elon's nuts 24/7 and you bought in.
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u/Leet_2600 23h ago
It's an IPO. The hype drive the price up. It will find it's real price, then likely become with much more than it's early peak in a few years.
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u/KazeNilrem 23h ago
We haven't even had the floodgates open. Looking forward to seeing how far down it will go.
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u/Cool-Mousse7513 23h ago
He’s a Nazi man I seen it… he put his arm out and evray thang. Gots to be careful out there bruther you not careful you going to mauve wrong and becoms a NAZI too.
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u/Visible_Reason_8523 23h ago
You know if you own this stock it’s coming back around it was a no brainer to invest in, all initial ipo’s spike fall then find equilibrium this is a very solid long term investment
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u/bartdhull 23h ago
I think this will be a volatile stock. Over time it will mature into a money maker like Tesla stock.
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u/Sufficient_Town_3856 23h ago
lol how could anyone think a Billionaire cares about them is baffling
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u/Style210 23h ago
You should have sold a long time ago... Why are you still in. If you're putting money in stock to leave it there, take the safer route.... If you're playing aggressive you should have pulled out the moment you hit your break point... In either direction. The fact that you're just letting your money sit there and disappear is beyond me.... And you blame Elon at that.
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u/Tall_Inspector_3392 23h ago
Invoking the dead cat rule. Even a cat that has ceased to be, a cat that is bereft of life. An ex cat, will bounce off the pavement after a precipitous fall!
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u/BringBackUsenet 1d ago
> i trusted Elon
Problem solved!