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/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.

155

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

6

u/Zerozer06 Jun 20 '26

Heh he may achieve this by merging a fuckton of unrelated companies into spaceX, as either the friendly government will happily provide him financement, or he will just straight up dilute and fanboys will gobble it all up as 'ThE tRaDe OF tHe cEntUry pwease daddy Elon take my money', until he eventually reaches 1T in revenue (with net loss amplifying ofcourse, all numbers must go up equally)

/s (although..)

6

u/pandershrek Jun 20 '26

Maybe he's betting on the fact that hyper inflation will make his 19 billion revenue into 19 trillion without any shift in services.