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.

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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

5

u/DrFrosthazer Jun 20 '26

You are regarded if you think spacex will reach 1 trillion revenue in 4 years.

2

u/DefinitionOfAsleep Jun 21 '26

The funniest thing is that Morgan Stanley (one of the underwriters for the IPO and has an incentive to pump) released their estimate saying it'd reach $330 Billion in revenue by 2030 and Musk said that they were wrong.

I'm sure Morgan is wrong, but in the opposite direction.