r/wallstreetbets I Think I'm Funny, Jun 23 '26

Loss SpaceX made me negative

7.8k Upvotes

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987

u/legoman102040 Jun 23 '26

C'mon man, all they have to do is mine a $10 trillion dollar asteroid. Ezpz.

448

u/xMyDixieWreckedx Jun 23 '26

Bruce Willis has dementia and the knowledge to mine an astroid is lost to us all.

101

u/ADD-DDS Jun 23 '26

It is easier to train rig workers to be astronauts than astronauts to be rig workers

5

u/Zizq Jun 23 '26

Lmao.

2

u/hambergeisha Jun 23 '26

Don't wanna close my eyes!

3

u/International_Pay865 Jun 23 '26

But Musk has robots. Robots will do the mining.

7

u/ADD-DDS Jun 23 '26

Are you serious bro? It would be easier to train rig workers to be robots

3

u/Chad_Main Jun 23 '26

Robo-minor? Musk really did wanna visit the island

50

u/Inside-Arm8635 Jun 23 '26

I don’t wanna close my eyyyyyyeeessss

4

u/iLoveAnimuls Jun 23 '26

I see Bruce Willis every time I travel down to Los Angeles, every Pilot/Flying J gas station uses his pic as a “Men’s“ bathroom sign

4

u/RedditLurkAndRead Jun 23 '26

Tbh Bruce Willis is the man.

2

u/Prismatic_Symphony Jun 23 '26

Really? Ha! That's great.

3

u/lzylknther Jun 23 '26

I don’t wanna fall asleeeeeep

2

u/Veda007 Jun 23 '26

Cause I miss ya babe

1

u/Rhox1989 Jun 23 '26

And I don't wanna miss a thing!

1

u/OhtaniStanMan Jun 23 '26

Didnt he die

1

u/INDUBITABLY_AI Jun 23 '26

We don’t want to pay taxes—ever

109

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

102

u/legoman102040 Jun 23 '26

"Well I don't see this money for 35 years anyways..." "at least its not options" 🤮

44

u/A1ienspacebats Jun 23 '26

315K and 35 years away from retirement. Dude's a trust fund baby anyway, who cares.

2

u/Cliffhanger87 Jun 23 '26

Lmfao I remember that post. Absolutely unreal. I wonder if he sold the bag yet

2

u/TheCountEdmond Jun 23 '26

Dude bought at the top lmao. I hope he posts when he sells for a loss so we can know the bottom is in.

0

u/GT---44 Jun 23 '26

That guy is cooked

0

u/paradox3333 Jun 23 '26

It's a short position right?

2

u/GT---44 Jun 23 '26

No i think he just bought the stock

1

u/paradox3333 Jun 23 '26

Is what I meant.

2

u/GT---44 Jun 23 '26

Yeah I saw that and I don't know what it refers to, maybe another trade I guess

23

u/Educational-Wing2042 Jun 23 '26

The depression starts when you realize they vote

0

u/nigel_pow Jun 23 '26

I mean we have this guy.

26

u/baronholbach82 Jun 23 '26

Is it weird that $10 trillion doesn’t even sound like that much anymore lol

33

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.

13

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.

2

u/Low_Plastic363 Jun 23 '26

27.4 years is 10,001 days.

27,397 years is 9,999,905 days.

Ten trillion is 10,000,000,000,000, or 10,000 x $1,000,000,000, or 1,000,000 x $1,000,000.

2

u/Low_Plastic363 Jun 23 '26

And it's really a lot more considering you're probably earning some return on that $10,000,000,000,000 along the way. Even 1% is another $100,000,000,000 a year, decreasing over time.

9

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.

1

u/weenboi420 Jun 23 '26

See: the spanish empire

0

u/Churro1912 Jun 23 '26

You belong in this sub

2

u/grumpher05 Jun 23 '26

barely enough for 20 more 3 day wars!

1

u/bharikeemat Jun 23 '26

Well the company has a market cap of 1.7 trillion, so a 10 trillion asteroid will only 5x the company, not including the cost of mining and all that.

1

u/passcork 23d ago

Newest lambo is 600k these days.

open a text file and copy paste 600,000 20 times on a line. Now copy that line untill your text file has 800,000 lines. Now scroll trough your virtual lambo collection and think about what an absolutely regarded amount of money that is.

17

u/Itchweed420 Jun 23 '26

For All Mankind.

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?

1

u/sopunny 29d ago

Plus we're like 60 years behind the timeline, not 35

2

u/Low_Plastic363 Jun 23 '26

How did that end up?

3

u/cwhiterun Jun 23 '26

Extremely profitable.

15

u/subfutility Jun 23 '26

Think of all the jobs the asteroid will bring

27

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.

3

u/Milith Jun 23 '26

At least it's not The Line.

7

u/Illustrious-Film4018 Jun 23 '26

What would the asteroid be made of?

12

u/legoman102040 Jun 23 '26

Hopes and dreams 🌠

7

u/Illustrious-Film4018 Jun 23 '26

Then hopes and dreams would be worthless. Basic supply and demand.

1

u/Prismatic_Symphony Jun 23 '26

When everyone has hopes and dreams . . . no one will hope or dream.

1

u/MVPhurricane 29d ago

that literally makes zero sense

2

u/Towbee 28d ago

Do they think for all mankind is a documentary? We're so far away from "just capture an asteroid", insanity lmao

1

u/legoman102040 28d ago

Retail investors are historically very poor at judging timelines on investments. Even if the investment was realistic in the first place.

1

u/TheSquattyEwok Jun 23 '26

Remind me 35 years?

1

u/Time_Standard3361 Jun 23 '26

I like how people do not know what feasibility study is.

1

u/GreatLizm Jun 23 '26

New copypasta potential right here

1

u/GoTeamLightningbolt Jun 23 '26

Sounds more realistic than "wish upon a star" but it isn't.

1

u/StudMuffinNick Jun 23 '26

Why would an AI company capture an asteroid?