SpaceX Investors Are Losing a Colossal Amount of Money

[SamuelTheThird]

It dropped more after this was written

https://finance.yahoo.com/markets/stocks/articles/spacex-investors-losing-colossal-amount-140221380.html

Even at an unprecedented valuation of almost $2 trillion, shares shot into space like precious cargo atop a Falcon 9 rocket, soaring from an opening price of $151 to an all-time high days later of over $225 early Tuesday.

But by mid-week, that initial enthusiasm was met with a brutal reality check. Shares have been trailing since late Tuesday, wiping out almost all of the gains of the average investor who bought shares after the IPO, as CNBC reported on Thursday.

And anyone who bought close to the stock's peak earlier in the week has seen their investments go up in smoke, in a bruising rejoinder to all of that pent-up hype.

and LOL@what too much ketamine can do to you
https://fortune.com/2026/06/22/elon-musk-billion-shares-spacex-settle-million-humans-mars-colony/

The SpaceX board will grant CEO and founder Elon Musk 1 billion restricted shares of Class B common stock on one condition: he has to hit 15 market capitalization milestones up to $7.5 trillion and establish a “permanent human colony on Mars with at least 1 million inhabitants.”

[Lovie777]

1. Musk is not.....

and that’s all he care’s about.

[TheProle]

2. Still +$29 above intitial cost per share.

After raising more than $85 billion from its initial public offering (IPO), SpaceX is issuing bonds, reportedly seeking at least $20 billion in senior unsecured notes to repay outstanding bridge loans. The stock pared some of its initial drop on that news, though, after it also announced it held $100.8 billion in cash and equivalents as of last Friday.

https://finance.yahoo.com/markets/stocks/articles/why-spacex-stock-dropping-again-155852671.html

[SamuelTheThird]

3. its 154 today

So $20, not 29

[TheProle]

4. Fair enough. Didn't check the close.

[SamuelTheThird]

5. Its future beyond the hype seems dim

His AI sucks, his dreams of populating mars are insane. From what I read spacex needs to bring in 150 to 200 billion a year in revenue over the next decade to justify its valuation. Starlink is the only profitable piece of that, and it isn't anywhere close to that.

[TheProle]

7. Assessing stock based on a horizon of a few days is just silly.

I'm not a SpaceX or a Musk fan, but the gleeful predictions of gloom and doom are a little premature, in my opinion.

[SamuelTheThird]

9. Is that what I did?

I thought I was pointing out the gap in revenue

Tell me how he's going to get 150 billion dollar in revenue.

[EdmondDantes_]

10. Unfortunately the market can stay irrational far longer than people shorting the stock

Tesla has been radically overvalued for years compared to their revenue and compared to their competitors. The stock is still worth a lot more than those competitors.

Considering you were crowing about how much money people were losing when the stock is still up from its IPO, yes, it does sound like you're crowing very early.

I agree the stock is a bad investment on the metrics, but that has changed a long time ago and maybe the metrics need to be updated. As long as people are going to keep chasing the trillion dollar valuations, a lot of these companies can stay overvalued because someone is always buying.

[DFW]

6. Permanent colony on Mars with one million inhabitants

If Musk has attorneys with a little imagination, that could mean life support for two humans and 999,998 cockroaches.

[Disaffected]

8. A Mars colony with one million inhabitants??

Sounds looney enough for Trump to have come up with it.

Who in their right mind would want to live on Mars? Hmmm, OTOH, maybe a bunch of MAGAts could be enticed.

[D_Master81]

11. Yeah

Unless there is a Comey heading straight for earth there is zero reason for us to be colonizing Mars. Yet we keep entertaining the idea.

[D_Master81]

12. If there's one thing I've learned the past 5 years

As much as I can’t stand Musk as a person his companies are cult like and betting against them usually doesn’t work out. It’s correcting right now and will probably go up again eventually.