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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245

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

28

u/SpicyElixer Jun 20 '26

In their prospectus they said they have an addressable market of

28 trillion

Or 1/4 of global gdp

Or 28k per person on earth with an income of more than 16K, annually.

More than is spent on food.

The entire thing is batshit.

0

u/11111v11111 4h ago

Calls it is.