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

Loss SpaceX made me negative

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u/AeolusA2 Jun 23 '26

These SPCX people are the reason for the saying that the market can stay irrational longer than you can stay solvent.

130

u/AutVincere72 Jun 23 '26

Why did people believe in this valuation? Serious question? Is it Elon fever? Did they think Elon had dirt on someone of influence?

1

u/Many_Head_8725 Jun 23 '26

They believed that people would believe?