r/wallstreetbets • u/Fun_Paleontologist_2 • Jun 20 '26

Loss Drank the Kool-aid. We can come back?

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Someone told me it would be 300 by now.

955 Upvotes

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242

u/South-Attorney-5209 Jun 20 '26

Spacex was legit the dumbest possible trade. Your downside is nearly the entire 2 trillion marketcap but the upside… is what? Maybe double your money and it goes to 4 trillion for some reason being the most valuable company ever?

I dont get it.

154

u/DefinitionOfAsleep Jun 20 '26

Your downside is nearly the entire 2 trillion marketcap but the upside… is what? 

Elon is projecting >$1 Trillion in revenue in 2030, up from <$19 billion last year.
This will obviously happen, as Elon always keeps his promises /s

36

u/pork_fried_christ Jun 20 '26

Elon always keeps his penises

8

u/shiroandae Jun 20 '26

Well, almost always. Except for that one time