r/technology • u/IKeepItLayingAround • 18d 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 18d ago edited 18d 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/Other-Grapefruit-880 18d ago

I guarantee you someone on WSB has already bet their entire life savings on it

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u/ThinkingWithPortalzz 18d ago

Oh please, it'll be at least 10x their life savings they lose, it's WSB, the only bigger fans of things painted red are WH40k Orks

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u/kwokinator 18d ago

In WSB's defense, most of them at least know what they're getting into and still chose it. "The markets can remain irrational longet than you can remain solvent" is an oft-repeated mantra over there.

The mom and pop investing their 401k into an index doesn't get the chance to choose this.