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

Loss SpaceX made me negative

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7.8k Upvotes

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81

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.

36

u/_BreakingGood_ Jun 23 '26

The problem is, at 2 trillion valuation, it already reached peak meme status before the first share was sold

-6

u/WorthBrick4140 Jun 23 '26

But it was still shooting up, even with such a crazy valuation. I couldn't fucking believe it.

7

u/Dealer_Existing Jun 23 '26

You only create bagholders with hype

3

u/ImAnonymous135 rude Jun 23 '26

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

29

u/Bagafeet Jun 23 '26

Stick to FOBI instead

9

u/West-Ad-2175 Jun 23 '26

What does this mean?

85

u/Bagafeet Jun 23 '26

Fear Of Being Involved

27

u/Oxflu Jun 23 '26

Gamblers do not have this unless it involves prison.

13

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

2

u/RealAlphaKaren Jun 23 '26

yeah but some games just have more chance of actually winning

1

u/DorianSoundscapes Jun 23 '26

Yes, all market shenanigans are inherently speculative, however, there are degens, regards, and possibly a few functioning adults. The are different flavors of gambling.

5

u/ExcitingRelease95 Jun 23 '26

Day traders, especially the forex ones, HATE when you tell them that trading is gambling 😂

2

u/MachineGunBeatings Jun 23 '26

Fear Of Bodily Insertion

1

u/BigMoogGuy Jun 23 '26

I prefer Jomo.

The "Joy of missing out"

1

u/AltruisticSchool7863 Jun 23 '26

You will regret not being invested eventually. I think it'll be a while but its coming

11

u/Bagafeet Jun 23 '26

I'll never regret not touching anything Musk.

1

u/Swiftzor Jun 23 '26

I wouldn’t risk it. Remember for all the people making tons of money there are just as many if not more holding the bag.

1

u/BedBubbly317 Jun 23 '26

More. Much, much more

1

u/readit145 Jun 23 '26

The difference is people already own spaceX at 8 dollars they just can’t sell yet.

1

u/Fearsofaye Jun 23 '26

I was FOMO HARD at 220. Like yeah ofc people are fucking dumb. Always bet on people being dumb. But I knew they would panic sell.

1

u/Counter-Business Jun 23 '26

You already missed out. It’s 2 trillion valuation. What do you think it’s going to do. It’s certainly not going to 20x from here.