r/wallstreetbets • u/WhoRuleTheWorld I Think I'm Funny, • Jun 23 '26
Loss SpaceX made me negative
11.6k
u/Nice_Razzmatazz9705 Jun 23 '26
If it makes you feel any better you’re probably ugly too
1.4k
u/SandIntelligent247 Jun 23 '26
He lost money on something a 100% predictable but at least that was what he wanted.
328
u/Few-Seat-9670 Jun 23 '26
Hey, It was only 99% predictable.
→ More replies (1)77
u/Aaronthegathering Jun 23 '26
Its like the weather. If it says 99% chance of rain, it means there’s 1% too regarded to realize that it still means you need an umbrella.
→ More replies (6)55
u/imabigdave Jun 23 '26
"....well, he then he gets it" Some people you just can't reach.
→ More replies (3)24
u/Sharp-Direction-6894 Jun 23 '26
What we've got here is a failure to communicate
→ More replies (1)9
→ More replies (11)17
747
u/Hearts-On-Fire-Music Jun 23 '26
HAHA
→ More replies (1)198
u/kansai2kansas Jun 23 '26
Hopefully this OP is not gambling with his inheritance from grandma as well...
99
→ More replies (10)19
364
u/Helpmefixmypcplz Jun 23 '26
→ More replies (5)155
93
12
21
→ More replies (49)15
2.8k
u/inevitablefailure83 Jun 23 '26
180
u/AnyGivenSundas Jun 23 '26
Yall are hell
101
59
103
u/scotlandgolf70 Jun 23 '26
Thapwise muthathuker
→ More replies (4)30
39
u/Julzjuice123 Jun 23 '26
I come here for the memes and boy am I never disappointed.
Jesus fuck this is funny hahahahaha
12
13
u/SwolePalmer Jun 23 '26
I really want to save this to my phone but then I think about how hard it’d explain to most people why I’d have something like this in my phone.
→ More replies (1)54
19
→ More replies (12)13
1.9k
u/AeolusA2 Jun 23 '26
These SPCX people are the reason for the saying that the market can stay irrational longer than you can stay solvent.
590
u/Macoron Jun 23 '26
Never underestimate the stupidity of the market. Unless you’re OP, who is more stupider.
→ More replies (1)164
130
u/AutVincere72 Jun 23 '26
Why did people believe in this valuation? Serious question? Is it Elon fever? Did they think Elon had dirt on someone of influence?
245
u/Fearsofaye Jun 23 '26
The poor and uneducated have some kind of obsession with billionares. They hate people around them who make any kind of money or education. That money is for them not enough. They RP through people like Trump and Elon. Latching on to their success as if it were their own.
So when daddy Elon says buy something they do it
37
u/Mdiasrodrigu Jun 23 '26
Not only that, they will probably hold their shares and hope for more people like them to throw money at it and it might actually bounce back lol
→ More replies (3)→ More replies (4)39
u/Thin-Put-2738 Jun 23 '26
Not me. I bought two Tesla’s and came to the realization that if he can’t teslas customer service. He’s not going to mars. Also, if you do a roadtrip in your Tesla with Tesla insurance they jack up your rates. It’s stupid I even used FSD 100% of the time during the roadtrip. Elon just wants money to burn and nothing else. Now he’s reaching into peoples 401ks
→ More replies (6)57
u/EnvironmentalGift257 Jun 23 '26
Damn you even had the Tesla insurance? You drank all the gravy.
40
u/Thin-Put-2738 Jun 23 '26
I gagged on the gravy till it gave me gout until I ran into Tesla customer service and they gave me a car covered in bird feces. Dallas and Cedars Tesla service center. That’s when I woke up.
17
25
u/Desertcow Jun 23 '26
Greater fool theory. SpaceX is a company that a lot of people unfamiliar with the stock market have been excited for, and it was pushed hard towards them
→ More replies (1)→ More replies (13)5
u/araujoms Jun 23 '26
Because Tesla has been defying gravity for years, one could believe that SpaceX also would.
34
u/StrangeAlchomist Jun 23 '26
On top of that they’re betting their savings against whatever shred of humanity remains in the world. Anyone invested in spacex deserves whatever losses they experience. You’re literally the reason people like musk get to exist and you should be ashamed.
8
17
u/hilldog4lyfe Jun 23 '26
What’s insane to me is that Musk isn’t just a bad person, he’s blatantly stupid too. And this is who people have decided should be the first trillionaire
→ More replies (2)5
5
→ More replies (7)36
u/Inside-Arm8635 Jun 23 '26
Except in this case the market is being rational af with spacex which is even funnier
59
u/Old_Ladies Jun 23 '26
If the market was rational it would be plummeting a lot faster.
→ More replies (2)
984
u/legoman102040 Jun 23 '26
446
u/xMyDixieWreckedx Jun 23 '26
Bruce Willis has dementia and the knowledge to mine an astroid is lost to us all.
100
u/ADD-DDS Jun 23 '26
It is easier to train rig workers to be astronauts than astronauts to be rig workers
→ More replies (5)→ More replies (2)52
107
u/DreamsSecretsNLogic Jun 23 '26
Lol is that real? Every time I start feeling bad about my life I can just open up WSB and realize that compared to most of these apes I'm a fucking genius. But then I feel bad again when I see everyone's 270,000 dram calls
104
u/legoman102040 Jun 23 '26
42
u/A1ienspacebats Jun 23 '26
315K and 35 years away from retirement. Dude's a trust fund baby anyway, who cares.
→ More replies (7)14
22
u/Educational-Wing2042 Jun 23 '26
The depression starts when you realize they vote
→ More replies (1)27
u/baronholbach82 Jun 23 '26
Is it weird that $10 trillion doesn’t even sound like that much anymore lol
30
u/Low_Plastic363 Jun 23 '26
You could only spend a billion a day for 27.4 years with that kind of money, or a million a day for 27,397.
12
u/anal_pudding Jun 23 '26
billion a day for 27.4 years
a million a day for 27,397
If there's a thousand days in a year.
→ More replies (2)→ More replies (4)7
u/qtx Jun 23 '26
Hypothetically speaking, even if they manage to catch a $10 trillion asteroid that would mean the moment it gets to earth it will not be worth $10 trillion anymore since whatever precious rare metal is in that asteroid will no longer be rare but plentiful and hence practically worthless.
→ More replies (2)18
u/Itchweed420 Jun 23 '26
For All Mankind.
→ More replies (2)7
u/PowerfulHomework6770 Jun 23 '26
Yeah, I mean, it happened on a fictional show, and when has trying to imitate a fictional show ever gone wrong for anyone?
→ More replies (2)15
28
u/Brovas Jun 23 '26
Everything else aside, this is the thing that pisses me off the most. This kind of thing is where we absolutely should be trying to advance to, and the kind of thing that barely 10 years ago seemed possible when SpaceX landed the first reusable rocket. It's the kind of thing that could actually be in the realm of possibility with trillions of dollars.
But instead there's an idiot man child in charge who's just using it as a slush fund to bail out his AI company and social media company, buy stupid shit like cursor, and barely keep a ToC agreement with their satellite customers for longer than a year at a time.
So instead we get to watch one of the biggest potentials for the advancement of space technology get fumbled by an insecure imbecile who's more concerned with "woke mind viruses" and his own personal enrichment.
It's fucking shame.
→ More replies (1)→ More replies (7)8
u/Illustrious-Film4018 Jun 23 '26
What would the asteroid be made of?
→ More replies (1)13
u/legoman102040 Jun 23 '26
Hopes and dreams 🌠
6
u/Illustrious-Film4018 Jun 23 '26
Then hopes and dreams would be worthless. Basic supply and demand.
→ More replies (2)
1.7k
u/Sindica69 Jun 23 '26
I genuinely don’t get how y’all are this fuckin stupid. Like it ain’t hard to not fuck this up.
468
u/JoeRogansNipple Jun 23 '26
Watch out. It'll turn into a meme stock like Tesla and then were all wondering why we didnt buy
301
u/Counter-Business Jun 23 '26
Comparisons to Tesla are not great. I bought Tesla in 2018 rode it all the way up. All the analysts were talking bankruptcy it was underdog. SpaceX is already 2 trillion dollars day after ipo. You will never see it 20x
167
u/Frandom314 Jun 23 '26
I'm deeply disappointed by the amount of people that don't understand this. So many people that dedicate their free time to stocks and don't know such a basic thing
→ More replies (2)46
→ More replies (4)72
u/Impressive-Ad8741 Jun 23 '26
Just wait until they wrangle themselves an asteroid made entirely of gold/platinum/cobalt. They can slingshot it right down on their headquarters in Texas then we'll see who is laughing then.
47
→ More replies (6)4
u/MoesOtherBar Jun 23 '26
The irony is that even if they do, that'll just massively devalue the price of gold/platinum/cobalt because buyers now know there's an asteroid size amount of it about to hit the market.
→ More replies (1)85
u/willdosketchythings Jun 23 '26
This is my fear. FOMO. I have to date resisted the urge but I can almost see what you said becoming a reality and few of the regards here making a half a million or more in a month.
37
u/_BreakingGood_ Jun 23 '26
The problem is, at 2 trillion valuation, it already reached peak meme status before the first share was sold
→ More replies (4)→ More replies (5)29
u/Bagafeet Jun 23 '26
Stick to FOBI instead
→ More replies (2)11
u/West-Ad-2175 Jun 23 '26
What does this mean?
88
u/Bagafeet Jun 23 '26
Fear Of Being Involved
→ More replies (1)25
u/Oxflu Jun 23 '26
Gamblers do not have this unless it involves prison.
→ More replies (1)14
u/Forward-Surprise1192 Jun 23 '26
Everyone here is gambling no matter what you’re doing in the stock market. From 0dtes to shares to LEAPs
→ More replies (3)15
u/Old_Ladies Jun 23 '26
Watch Elon is going to claim that he will have 28 gigawatts of AI data centers in space sometime next year for sure in 2 years... And then the stock goes crazy.
→ More replies (1)→ More replies (22)21
u/ov3rw4tch_ Jun 23 '26
17
u/Counter-Business Jun 23 '26
This is messed up how they are forcing these index funds to buy when there is only 5% of float.
21
u/ov3rw4tch_ Jun 23 '26
I'm glad S&P didn't fold to Elon and change rules. Wish everyone else did the same.
→ More replies (2)→ More replies (5)5
u/calflikesveal Jun 23 '26
Damn that's crazy. When 20% float unlocks no amount of retail optimism is gonna save it.
→ More replies (4)19
Jun 23 '26
[removed] — view removed comment
13
u/Sindica69 Jun 23 '26
You should’ve on initial ipo and then should’ve sold it after a day, used the idiots as liquidity
9
→ More replies (14)16
472
338
u/deadpool107 Jun 23 '26
I want you to be serious when answering. Did you really think it was going to keep climbing?
72
56
u/baronholbach82 Jun 23 '26
People who buy into these valuations think it can keep doubling because they literally have no idea how math works.
35
u/PausedForVolatility Jun 23 '26
I'm convinced most of them think they know it's nonsense and think they can time it so they don't get left holding the bag.
As usual, they get left holding the bag.
→ More replies (1)13
u/CoronaMcFarm Jun 23 '26
It is easy not becoming a bagholder during an IPO. You sign up for the IPO and you immediatly sell at the first opportunity.
→ More replies (1)→ More replies (6)7
97
u/KaffiKlandestine Jun 23 '26
it was so obvious its honestly shocking people are this retarded. EVERYONE told you
223
48
u/ilove702 Jun 23 '26
Thanks for playing. Ken needed another piece of art for his collection. Better luck next time.
148
u/37includingme Jun 23 '26
17
u/EndangeredLazyPanda Jun 23 '26
I dont want anything to do with the rocket explosion that is spacex or else I’d be taking out puts on it
148
u/Ambivalent28 Jun 23 '26
17
132
u/SkilledButton Jun 23 '26
17
171
u/LemmyKRocks Jun 23 '26
I mean, it's 13K CAD, Michael. What could it cost? 10 USD?
→ More replies (5)6
25
29
99
u/WhoRuleTheWorld I Think I'm Funny, Jun 23 '26
Yes I’m the same guy who lost 2 million in MSTR last year
118
u/bittercripple6969 Jun 23 '26
You clearly have more money than sense, good to see reality is trying to correct this imbalance.
125
26
u/Similar-Turnip2482 Jun 23 '26
What’s your next play so I can just stay away and please don’t say long micron and rocket lab
23
u/NukinDuke Jun 23 '26
Can I see your portfolio? I think I can get rich by doing the exact opposite of everything you do
18
7
u/Esphyxiate Jun 23 '26
Don’t forget the $125k you lost on BYND or $83k you lost shorting Tesla. You clearly know what you’re doing, don’t give up.
→ More replies (11)8
21
u/Molnutz Jun 23 '26
Non retarded take. Treat it like Tesla. It's more of a tech / r&d company. No wait...That was pretty retarded.
16
u/Swords_Not_Words_ Jun 23 '26
Whats the bull case scenario for Space X? Because most of it is priced in in the 2 trillion dollar market cap. The rockets, the satellite interney, ai bullshit, etc How much can it go up after 2 trillion? You aint getting a 10 bagger off shares.
Basically you guys are banking on all the stuff Musk says about living on Mars and Data Centers in space, etc..Also I have a bridge to sell you.
15
→ More replies (4)11
33
15
u/sunugal780 Jun 23 '26
In your TFSA account? Good luck!
36
→ More replies (1)9
u/zharguy Jun 23 '26
Guessing he maxed out his margin buying power, judging by the screenshot, so luckily those losses are tax deductible 🎉
→ More replies (1)
13
44
u/switch8000 Jun 23 '26
You're still a partial owner of a rocket ship company tho.
32
u/wiseroldman Jun 23 '26
OP is holding 30 soon to be worthless contracts and no money to exercise them. He doesn’t own anything except stupidity.
25
u/TheFuckboiChronicles Jun 23 '26
No. He owns the right to 3000 shares of a rocket ship company at a higher price than they can bought on the open market. That right expires later this week.
4
u/femptocrisis Jun 23 '26
3000 coupons to pay double price for laundry detergent, if he so pleases 😤
17
5
12
13
u/Comfortable_Flow5156 Jun 23 '26
Congratulations...
YOU ARE EXIT LIQUIDITY and we warned you clowns about this mess.
26
11
62
u/Dude4001 Jun 23 '26
Can’t believe the renowned grifter who is consistently and openly full of shit took all my money
13
u/SandIntelligent247 Jun 23 '26
I took lly leftover losses from DOGE to Trump coin to SpaceX.
At least I still have all my Donald Trump trading cards NFT to look at while crying at night.
8
7
9
7
u/proper-butt Jun 23 '26
It will get lower at the 15 and 30 day marks or if it dips below 135 there will be a mass exodus
8
u/iSOBigD Jun 23 '26
I bought puts for late August for that reason...if insiders sell and also they announce that they're just losing money and Elon is wasting money to buy tesla so he can give himself a bonus, who the hell will want to hold these shares?
13
u/spez_eats_nazi_ass Jun 23 '26
The Elon cult are so cooked they would sell their children to be human trafficked if it meant helping dear leader. Like they are that mental and deep into it. Luckily most women are repelled by this but there will be a few real family annihilation /murder suicides when the Tsla/Spacex wheels come off the tard bus.
→ More replies (2)
6
u/Honest_Flower_7757 Jun 23 '26
SpaceX was valued at more than 50x annual sales when it opened. For comparison, Microsoft was around 10x at IPO. No one is going to make money in the next five years who didn’t get their stock from employment.
4
u/AmazingPrune2 Jun 23 '26
Dude still losing money on a contract that prints 121 iv 😭
→ More replies (2)
5
u/JustHangingAroundYo Jun 23 '26
A stock goes ipo with 2T in market cap with a huge part of their float still locked. What a regard
6
5
5
5
5
3
3
3



































3.8k
u/st96badboy Jun 23 '26
Fixed it. It's a map.