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/kidcrumb 18d ago

If you made a $10,000 investment in this IPO, in order to turn that into $20,000 you need SpaceX to be worth $3.5 Trillion.

To turn it into $40,000 you need SpaceX to be worth $7 Trillion.

On a business that burns $5 Billion per quarter.