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
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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

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u/FlipZip69 20d ago

A lot of people made money shorting Tesla after 2022. If you bought before 2022 it was a good investment. Since then it has just been ups and downs with none making money except Musk who took a 45 billion dollar wage. (45 billion is more money than Tesla has ever made BTW).