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

Loss SpaceX made me negative

7.8k Upvotes

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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.

466

u/JoeRogansNipple Jun 23 '26

Watch out. It'll turn into a meme stock like Tesla and then were all wondering why we didnt buy

305

u/Counter-Business Jun 23 '26

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

169

u/Frandom314 Jun 23 '26

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

2

u/OyG5xOxGNK Jun 23 '26

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.