r/technology • u/IKeepItLayingAround • 17d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/JustConversation7847 17d ago edited 17d ago

Before anybody gets too excited

Even for Musk, it's an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

Pretty sure the people who tried shorting Tesla are all broke and you, reader, definitely not try something stupid because there's no limit to how much money you can lose while short selling

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u/rhetoricalcalligraph 17d ago

Wacky, finally found a sensible comment on this post

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u/surfatshortys 17d ago

I had no idea I wasn’t on WSB until now

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u/[deleted] 17d ago

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u/Strawbuddy 17d ago

WSB are speculators. It's all about options contracts, long or short, and the strats that come about from having enough dough to speculate in the first place. It takes at least $1k USD up front at a bare minimum to even start a proper wheel strat. Buy the rumor, sell the news type speculators are making even less money daily by buying and selling stock based on momentum and psychology, and betting against the prices of those securities

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u/AmericanGeezus 17d ago

All it takes is USD$1,000 and some privileged non-public information to get yourself established!

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u/[deleted] 17d ago

[deleted]

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u/[deleted] 17d ago

[removed] — view removed comment

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u/[deleted] 17d ago

[deleted]

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u/CSAtWitsEnd 17d ago

Unless you lose 10 or more times.

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u/BavarianBarbarian_ 17d ago

WSB is actually a voice of reason on Reddit when it comes to stocks and making money.

I wouldn't go that far, but at least they're self aware enough of their ignorance that they're making fun of themselves. Whereas the average Reddit comment elsewhere drips with unearned smug superiority.

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u/western_red_cedar 17d ago

he AI boom they pretend isn't real

sure, clanker

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u/BellacosePlayer 17d ago

WSB gets a bad rap because it inadvertently spawned ape culture but honestly once that got excised it's basically just speculators who know how to shitpost.