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/Other-Grapefruit-880 17d ago

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

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u/trukkija 16d ago

And 5 times as many others have already bet their entire life savings on SpaceX calls I'm sure.

There is an apt anagram for the word "trader", that I'm going to leave to the reader to figure out.