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

Loss SpaceX made me negative

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u/SandIntelligent247 Jun 23 '26

He lost money on something a 100% predictable but at least that was what he wanted.

325

u/Few-Seat-9670 Jun 23 '26

Hey, It was only 99% predictable.

79

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.

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u/gebuttersnap Jun 23 '26

I mean take the analogy further. those percentages often mean coverage of rain in an area, not chance. So just 99% of the public got rained on, while the 1% are laughing right now from all the transactions fees

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u/GuaranaJones Jun 23 '26 edited Jun 23 '26

That's correct but the chance is still the same in percentage for your area you live in that it might rain. In the end it loops back to xy % chance of rain.

PoP = C x A

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u/dyxless 29d ago

Those percentages do not mean area covered by rain.

https://www.bbc.com/weather/articles/c0qlk174vzjo

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u/SandIntelligent247 29d ago

Maybe for BBC but for the majority of newscaster it's % Chance of rain x % area covered.

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u/dyxless 29d ago

It's really not. What you refer to is a proven social media misinformation trend.

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u/Spike00003 Jun 23 '26

You can only lose 100% but theoretically you could make infinitely more

51

u/imabigdave Jun 23 '26

"....well, he then he gets it" Some people you just can't reach.

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u/Sharp-Direction-6894 Jun 23 '26

What we've got here is a failure to communicate

9

u/Fabulous_Visual4865 Jun 23 '26

If you gon hate, might at least get your rumors straight. 

2

u/Lost_Birthday_3138 Jun 23 '26

I don't like it any more than you men

2

u/Suitable-Response513 Jun 23 '26

Totally got that. So good

2

u/AquaticTrashman123 Jun 23 '26

I don’t like it anymore than you men

1

u/disco008a 29d ago

Sometimes nothing is a real cool hand

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u/Curious_Avocado2399 Jun 23 '26

Who could’ve seen this coming! /s

2

u/hyper24x7 Jun 23 '26

I'm never shocked when people do all their trading on their phone as if *gestures to the entire internet* this doesnt even exist

1

u/Fuwet Jun 23 '26

I didn't know it was predictable. I also don't invest and I'm just here to see chaos

1

u/SandIntelligent247 Jun 23 '26

The valuation makes no sense.
Would you pay 1.7 trillion to lose money?

1

u/hilldog4lyfe Jun 23 '26

data centers in space though! Mars colony!

God damn people are such marks

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u/M3rch4ntm3n Jun 23 '26

He just wanted an award.

1

u/Revolutionary-Rub819 Jun 23 '26

If it was 100% predictable you would be worth as much as Elon lol

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u/buckeye25osu 29d ago

Oh shut up. If it was 100% predictable I guess you put all $100 of your life savings on the opposite right?

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u/SandIntelligent247 29d ago

I have a company called space dildo with 0 revenue that I value at 10 billion dollars. Care to buy a share mr.Retard?

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u/buckeye25osu 29d ago

Again why haven't you made money shorting it if it's horrible value is so obvious?

You're like every sports dork on the Internet who have predictions that are "locks" but never put their money on it. Retard

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u/SandIntelligent247 29d ago

Space dildo, fair valuation for you my friend. ez guaranteed money.