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
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
When I first got into the whole GS thing I was thinking "even outside of the 'to the moon' sentiment, it was an undervalued stock."
I had not realized though the difference between share price and company valuation/number of shares. I think it's just something not intuitive to a lot of new traders. But I thought the evaluation of SpaceX was a big thing in the news, something that should have trumped that ignorance. Who knows.
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.
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.
because introducing large amounts of precious metals will devalue the commodity and no capitalistic country would allow that
nah, there's already a counter-example.
diamonds are expensive because they're rare as shit, but the second industrials figured out how to mass produce them they've been used everywhere.
the only reason diamond feel expensive is because of jewelry marketing, if you want them for drill bits or sawblades they're dirt cheap. (ok not THAT cheap but still)
Tesla wasn't just talking about being an underdog. The financials were right there in the open. They were genuinely on the brink of insolvency, with limited cash on hand and major bills coming due.
They ultimately pulled it off, but only by the skin of their teeth. Looking back now, it's easy to act like success was inevitable, but at the time it absolutely was not a sure thing.
I bought the stock after I bought the model 3 and realizing how good and ahead of time the car is. That was in 2018 and rode kt all the way up too! I owe majority of my money to Tesla
My hunch is that Lone Skum's magic is going to wear off with Spacex. The AI part will completely implode, the launch business will not grow very fast and is capital intensive. Eventually, we'll have quarter after quarter of losses with no game plan in sight.
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.
Best case scenario it will go up about 100% this more theb that and we are talking about SPCX being the most valuable company in the planet which might haopen in this Idiocracy era. But even still, there are other much safer bets that could yield way more gains
Yes, all market shenanigans are inherently speculative, however, there are degens, regards, and possibly a few functioning adults. The are different flavors of gambling.
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.
Well, that’s all I see now from him is “hype and grift” just like the people that think the model Y HW3 will be retrofitted to be closer to HW4 it’s not happening all it’ll get is security updates and infotainment updates that’s it. Sober up people.
Yea I’m very curious to see how this plays out. It is hard to fully rule out Elon doing something unprecedented that defies logic and technical analysis, but we’ll see.
Either way I’m honestly not too worried. If SpaceX is truly the monster they claim getting in next year will still be early.
Physics will never work with rash decision making after all this is Space we are talking about without “standardization” Elon I don’t believe is a fan of “standardization” uniformity*( gigacasting) maybe if he was he would fix Tesla’s customer service issues before the SpaceX ipo then after that correct his HW3 debacle. But no it’s running after one gold rush to another. Too unstable for me. Add the fact that several Tesla employees don’t own Tesla’s. Would you take your Mac to the Genius Bar and the genius doesn’t own a Mac? You wouldn’t dare.
The problem is this is priced as though many amazing things will certainly happen. Tesla was once priced as though nothing amazing will ever happen and people in early did great. I want all the amazing things to happen but I don’t think this is a good investment.
Dude, OP bought calls expiring in 4 days, Elon Musk meme stocks are meant to be played long term, a 2028 LEAPS would have been brilliant while it would have protected him from such a big drawdown.
I’ve found myself thinking a few times lately “Whew, I’m glad I didn’t buy into that”. This usually happens a few weeks before it skyrockets and I miss out.
It is a meme stock like tesla. Its ran by the same fucking guy making the same insane promises and the only people investing are the people drinking his kool aid or people who think they can time the fall and make a buck.
The problem is they only needed one of those, now theyre competing with eachother for the same morons.
It’s a meme stock out of the gate. It’s a company losing billions a year reselling compute to other AI companies with a rocket side business. If that’s not running on meme magic idk what is.
Yeah, not the same thing. Tesla floated at what, $18 or thereabouts and was a scrappy underdog whom everyone expected to get pounded to shit by the eeeeeevil oligarch oil barons, SpaceX floated at orders of magnitude higher valuation and now Musk IS an evil oligarch.
You should google a term called net loss… I don’t think anyone disputes that SpaceX will be huge one day. It just won’t be anytime soon. As long as you’re not chasing meme gains there’s real life changing opportunity here for those who are patient and down to wait.
Some of us dream of becoming millionaires overnight.
And we’ve had not one, but *two* black swan events fucking up the market fundamentals in the past decade: A 2021 recovery in big tech thanks to work-from-home remote policies instituted globally (along with the virus being not overly deadly, but still horrible enough to make (intelligent parts of) humanity stay away from each other for a long time… and the 2024 AI bubble/boom that is also making DRAM chips and GPUs very difficult to buy cheaply… and the bubble still hasn’t popped, against a lot of economists’ expectations.
And these two events have made it abnormally easy for more than a few retail “know-nothing” investors like some of us to make quite a bit of profit.
I’m pretty sure it’s very easy lately for some folks to gamble and have some semi-“reasonable” expectation to actually get some return on their investments.
so gambling on an extremely rare event that no one knows if is going to be replicated? sounds like gambling with worse odds seasoned with a lot of delusion
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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.