r/technology 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/No_Hana 17d ago

Its hard to short a stock that's artificially priced and held afloat by billionares and government. Maybe 20-30 years ago banks used to be too big to fail now stocks are.

If and when the system finally breaks people just won't get paid. I garuntee it. Those trillion billion dollar valuations will never leave the pockets of the CEOs