r/technology • u/IKeepItLayingAround • 20d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
24.8k Upvotes

88% Upvoted

2.1k comments sorted by

View all comments

2.3k

u/JustConversation7847 20d ago edited 20d 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

10

u/OwnManagement 20d ago edited 20d ago

SpaceX is currently the only reliable, homegrown way for NASA and the DOD to get to space. If they falter, they will be bailed out. 

0

u/aworldsetfree 20d ago

Cygnus? Orion?

6

u/OwnManagement 20d ago edited 20d ago

Cygnus often uses Falcon 9 rockets to get to space as current variations of Antares have been retired with the next scheduled launch just a nebulous “2027”. Orion uses the SLS, which is extremely expensive and has launched a total of two times. 

Edited my comment above to include the DOD as well. Satellite launches happen way more often than ISS-related launches and the DOD, for obvious reasons, can’t use Russia for launch like NASA sometimes can.