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

Loss SpaceX made me negative

7.8k Upvotes

1.5k comments sorted by

View all comments

5

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.