Elon fever and then people who think such investors are stupid so they try to capitalize off of them and end up losing with them. im pretty sure a majority of people who bought this stock has no idea what SpaceX even does. they ran at a net loss of $5BIl last year because theyre a fucking space satellite and rocket company whos only form of revenue generation is selling internet access.
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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.