SpaceX stock drops to a new low and loses $1 trillion in value in a month

I do :(. I'm also worried about which of my 401ks bought in to it too

i monitor my father investing habits to make sure he doesn't fall for shit like this, their have been a few times iv been worried to say the least...

Fanboys

It's unfortunately bigger than just the suckers being suckered. These things also get pumped a lot by "early investors", whose strategy is to get the stock immediately and sell quickly to take adventage of the initial surge. They increase the demand a lot and contribute to that surge.

Unfortunately, a lot of people didn't have a choice in the matter.

Shorting the stock and making money on your own when Musk fails

(This is not financial advice. In fact it’s very dangerous as Musks companies often perform irrationally)

Full self driving datacenters in space

You mean creating a worldwide communication system that has to be completely relaunched every half decade that is the exact opposite of profitable isn't sustainable!?

In 2-3 weeks the Q2 report will release at which 20% of stocks held by employees will be unlocked, which has hit even profitable and not-fantasy-based companies hard in the past.

When you consider the kind of life changing amounts of money even a few thousand shares sell for at current rates, they'd be crazy not to.

My guess is fElon wants the stock to stay high until next summer when he can sell, but he NEEDS it to stay high until November when early investors can cash out

It's fallen maybe 12% since the IPO. You're talking about shares that were trading for a few bucks during the original debt offerings. Marc Andressen has something like a 6000% ROI on his holdings even at current prices.

If this company dropped by 50%, it would still be worth in the $800B range. There's no world in which current shareholders don't make fuckoff amounts of profit. The only question is whether we're talking nine figures or ten.

Here's what Musk is sitting on, as well as Shotwell.

https://www.secform4.com/insider-trading/1181412.htm

Is that going to be 20% of stock held by each employee can be sold, or 20% of employees can sell their stock?

If it's the latter then yes, I can see them cashing out and leaving.

No, thats just not true. At IPO date there were already many critical voices about the stock being way overvalued for what they charge at IPO. "Insiders" means there was info that was withheld or the public didn't know about. Anyone who bought this stock at IPO asking price was just foolish enough to buy into the hype.

The planet is too fucked for me to care about dumb people's money.

They won't do that. They're also greedy racist fascists. That's what capitalism is.

They don‘t care about the racist fascist part but he‘s also a massive fraud who build his empire on short legged lies. It‘s simply irresponsible to believe that guy.

Sell side stock news is usually made to help retail investors lose money. They will pile on to this thing for a few more weeks then reverse it back up to 3 trillion. Rinse wash repeat. And you have infinite money generator 2.0

Sadly Here, hé is not a loser. Things happened exactly the way he wanted to. He won big, his idiot fans lost bigger

Indeed lol, I should have shorted Spacex

Hopefully the stock needs a Boring Machine.

I assure you, many stocks have gone much much lower. It's called "penny stocks". They're exactly what they sound like. They're mostly used as pump and dump schemes. Company is worth $0.01 per stock? Buy $10,000 dollars worth. Then, when it eventually becomes worth $0.02, you sell, and make an easy $10,000. Repeat every few days.

9/10 times

This leaves a room for the assumed 10% non-garbarge billionaire-stans, and I'm wondering what set of traits would such a person have, other than being an absolute boot-sucking loser.

I bought a dollar of it just to track it and now it's worth $.80

You want to play meme stocks, you'll get better odds with gas station scratchers.

its about to be flooded with insider shares.my guess prices will go down to 30$

80% of the time, they're wrong every time.

The unlocks are coming soon, so I'd expect it to go even lower. If you are going to buy, the dip is what you want for sure.

Strangely correct

Yep. AI has drained the venture capital well dry. So...

• You merge xAI with SpaceX to make one profit making company and a loss making company in to a mixed financial bag.
• Hype "Data-centres in Space" for a good six months to make it seem like it all makes sense.
• Sell all your compute to Anthropic / Google (with 90-day termination clauses) to get some revenue on the books.
• Lobby that you're such a good deal S&P and NASDAQ should change their rules to admit entry to their "required to buy" stocks. NASDAQ bites, but S&P refused.
• IPO: $80B raised from IPO partners (banks) at $135 per share. Job done. No control lost because the share of the company was so low.
• IPO subscribers (banks) sell to markets at upto $225. Lots of happy bankers. Retail markets (e.g. investment funds) now holds the shares, but it's all good, right? Nasdaq have it listed so there's an enforced buy in two weeks.
• Stock slides. Enforced buy comes at ~$145 per share and it feels a bit more firm for a day or two.
• Stock resumes it's slide to below it's IPO price.
• Stock now sits at $124

Net result:

• Space X : +$80B
• IPO subscribers: +$40B...ish
• Public Shareholders: +5% of SpaceX (Currently $69B) & -$120B

or china and russia start disabling them in orbit

Shorting a stock is a bad plan. You typically need collateral (cash, or a line of credit, or something) in case the short goes bad. Shorting a stock can have a theoretically infinite loss since if you buy a share of a company and it goes bankrupt, your maximum loss is the value of the share. Short selling means you've sold a share you don't own with a pinky swear that you'll buy one back to replace it. A stock likely won't, but could, go infinitely high. In that case you'd have infinite losses.

The other way is options trading. You can do this with your normal broker, possibly. You'll need to make statements about your income level, savings, risk tolerance, and check a box saying you've read some mandated documentation. The process can seem like click-through stuff for a normal website, but it's absolving the brokerage of fault if your decisions go bad.

Options work a little like an insurance contract. If you are worried that you're too heavily tilted towards a certain company (but still believe in the investment), you can buy "puts" that help mitigate the risk if the underlying security. A "call" is a contract that lets you hedge the other way. They let you get exposure to a security without having to purchase the shares. An options contract is a contract that gives you the right, but not the obligation to buy (call) or sell (put) some number (typically 100) of an underlying security by a certain date. Selling options naked is a topic better left for someone else to explain all the risks involved (and I covered a strategy that has infinite risk).

A call pays off if the stock shoots up before the contract expires, and a put pays off if the stock tanks. To do what you're saying you'd have to buy puts (I'm not an investment advisor, I'm not your investment advisor, this is not investment advice). If it sounds like gambling that's because it is. Everybody already had the idea to bet against SPCX. There are platforms out there that let you look and see without having to risk money, and that's probably the best course of action.

• https://finance.yahoo.com/quote/SPCX/options/?date=1789689600&straddle=true

I picked the date September 18, 2026 at random. If you had a September 18 130P, then it went up 21.19% Friday, kudos. The "last price" field is PER SHARE, and the contract was probably for 100 shares, so that's $2030, meaning you had four figures on the line there. If none of that makes sense, if the activity in the volume field doesn't make sense, then it's better to sit it out. In that realm you're swapping your money for that contract, and someone else is swapping that contract for your (now their) money. If the contract expires out of the money, you lose.

Some resources:

• https://optionalpha.com/options-strategies
• https://archive.org/details/optionsasstrateg0000mcmi
• https://moneybliss.org/recover-from-financial-disaster/

You have 3 options. 2 are options. You can buy a put contract. You can sell a call contract, or you can just sell shares you don’t own. All of these require special permissions from your broken as they each come with their own fun risk profile.

If you think the whole stock market looks like a bubble right now, you could invest in commodities and wait for the crash indefinitely.

IMHO it's better to not trust the stock market at all. It's a big club and we ain't in it.

I would say that they should just get taxed at what ever the price is on December 31 or January 01.

If you lose money you can claim it as a loss just as you would when you sell for a loss, up to a certain limit.

Would the company and Elon get a refund from the government?

These shares were issued at the rate of dollars. Nobody selling their shares at IPO lost money.

After that, for the poor fools at EchoStar who took a very late position just before IPO at $212/share? They've always been entitled to write off shares at a loss.

You don't get a refund per say, but you do get tax loss carryover. So, if you lost $1M last year and you made $1M this year, you can tell the IRS that it's a push and you earned nothing.

Why would it go up? In the next few years they will be even more years behind on the Mars mission they were going to be launching almost a decade ago at this point.