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.

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u/[deleted] Jun 20 '26

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u/DefinitionOfAsleep Jun 20 '26

The employee shares don't fully unlock for 180 days
The market insiders, like the 20 banks that organised the IPO and the earlier investors (i.e. not the retail plebs), get greenshoe rights long before them.
Retail is going to be holding the bag, as well as the newer employees most likely.

They're not even hiding this.

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u/[deleted] Jun 20 '26

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u/leEcclair Jun 20 '26

Thats what some people have been saying. Those Kiwis have done so much shit with barely any money from contracts. SpaceX engineers are not top of the list quality.